Economics
Consumer Spending Grows Modestly
U.S. consumer spending rose 0.4% last month but income growth remained sluggish, a sign the economic recovery remains fragile.
Euro-Zone Confidence Improves
Consumers in the 16 nations that use the euro became more upbeat about the outlook for the economy and less fearful of losing their jobs ...
Measures Fail to Contain Yen
Japan's government offered a modest stimulus package and the central bank took steps to curb the rising yen, but a tepid market reaction leaves policy ...
U.K. Consumer Lending Growth Slows
U.K. consumer lending rose at a slower rate in July as mortgage lending remained lackluster, underscoring the view that the housing market will remain subdued ...
IMF Expands Loan Options
The International Monetary Fund said it would broaden the kinds of loans it offers to encourage a large swath of developing countries to get financial ...
Fed Faced Slew of Questions
Fed officials wrestled with a slew of unanswered questions before deciding at their Aug. 10 meeting to alter their portfolio strategy, minutes showed. ...
Euro-Zone Unemployment Holds
The euro-zone unemployment rate remained at 10% for a fifth straight month in July, indicating that despite strong growth in the second quarter, the recovery ...
India Economy Expands 8.8%
Expansion in manufacturing and services drove India's economy to its fastest growth in more than two years in the April-June quarter. ...
Weber Stumbles on Way to Head ECB
The blunt criticism by Germany's top central banker, Axel Weber, of the European Central Bank has led to lingering tension with others on the ECB ...
Australia Trade Deficit Smallest Since 2002
Australia posted its narrowest trade deficit in more than eight years as a mining boom continues to propel the economy even as the outlook ...
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