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Economics

Europe Bailout Fund Gains Backing

The European Union's executive arm said it is preparing proposals that could lead to the creation of a bailout fund for financially troubled euro-zone countries.
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Job Market Shows Signs of Gains

Two new reports show that the job market continues to make small gains, though employers will have to do a lot more hiring before a ...
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In Ireland, a Blueprint for Euro Zone

Debt-laden Ireland is winning applause for adopting severe measures that Greece has put off, but pay cuts and tax hikes have put public servants in ...
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Japan Machinery Orders Fall

Core machinery orders fell 3.7% in January after unusually strong growth in December, suggesting a full-fledged recovery in business investment is still some way off. ...
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Thailand Holds Rates Steady

Thailand's central bank held its benchmark interest rate steady as widely expected, but hinted at an increase at its next meeting if domestic political tensions ...
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Brown Sets U.K. Budget Date

The British prime minister, whose government is under intense pressure to clarify plans for reducing ballooning debt, said a budget would be laid out on ...
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Wholesale Inventories Drop

U.S. wholesalers' inventories unexpectedly fell 0.2% in January, as surging demand pulled goods off shelves in the first month of the year. ...
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Fed Debates Next Rate Signal

Long before the Fed raises short-term interest rates in the face of an improving economy, it will need to signal to the public that a ...
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China Exports Show Tentative Recovery

China's exports expanded strongly for the third straight month in February, though they slipped slightly from January, showing a tentative recovery. ...
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Swaps Are Under Fire

Momentum is building for stricter oversight of derivatives trading, as a top U.S. regulator recommended new limits on credit-default swaps and European leaders pushed for ...
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