Oil prices rose above $79 a barrel Tuesday as demand for oil products supported crude, outweighing pressure from a stronger dollar.
Profits are down at Hillenbrand, America's largest maker of caskets. Admittedly, this fact sounds like the setup for a punch line, but the cause of the shortage in stiffs contains lessons for politicians and business leaders alike.
World leaders on Thursday set out the first steps toward withdrawing emergency support for the global economy even though they warned that the crisis was not over.
The global economy is nearing the bottom of its worst financial crisis in 60 years, according to the latest assessment from the Organization for Economic Cooperation and Development (OECD).
Despite talk of economic "green shoots," more people around the world received pink slips last month.
The French spend more time eating and drinking than anyone else among the world's wealthy nations, a new study reveals.
Finding a tax haven is easy. Just flip to the back of the Economist. "New Accounts in 8 Minutes" brags one ad. Another promises that no one is "better positioned to deliver solutions that work" on offshore companies. And yet another offers more than 20 years of experience and the "best prices guaranteed."
Making his international debut at the Group of Seven meetings in Rome, new U.S. Treasury Secretary Timothy Geithner said swift and decisive action is needed on several levels to address the global financial crisis.
The International Energy Agency has called for a global energy revolution to ensure future supplies and to stem the rise of greenhouse gas emissions.
International economic officials have predicted a sharp rise in unemployment in its member countries over the next two years, saying eight million more workers will lose their jobs.
Oil prices rose above $79 a barrel Tuesday as demand for oil products supported crude, outweighing pressure from a stronger dollar.
Profits are down at Hillenbrand, America's largest maker of caskets. Admittedly, this fact sounds like the setup for a punch line, but the cause of the shortage in stiffs contains lessons for politicians and business leaders alike.
World leaders on Thursday set out the first steps toward withdrawing emergency support for the global economy even though they warned that the crisis was not over.
The global economy is nearing the bottom of its worst financial crisis in 60 years, according to the latest assessment from the Organization for Economic Cooperation and Development (OECD).
Despite talk of economic "green shoots," more people around the world received pink slips last month.
The French spend more time eating and drinking than anyone else among the world's wealthy nations, a new study reveals.
Finding a tax haven is easy. Just flip to the back of the Economist. "New Accounts in 8 Minutes" brags one ad. Another promises that no one is "better positioned to deliver solutions that work" on offshore companies. And yet another offers more than 20 years of experience and the "best prices guaranteed."
Making his international debut at the Group of Seven meetings in Rome, new U.S. Treasury Secretary Timothy Geithner said swift and decisive action is needed on several levels to address the global financial crisis.
The International Energy Agency has called for a global energy revolution to ensure future supplies and to stem the rise of greenhouse gas emissions.
International economic officials have predicted a sharp rise in unemployment in its member countries over the next two years, saying eight million more workers will lose their jobs.
Boosting connectivity should do the same to the continent's social and economic health, granting citizens access to crucial online health, education and government services
The dollar gained ground against other major currencies Tuesday as oil prices tumbled and the global economy continued to show sings of weakness.
The British government unveiled a package of tax cuts and increased spending targeted at first-time home buyers on Tuesday in a bid to reverse the country's worst housing slump in almost two decades
Oil prices fluctuated Tuesday as a stronger dollar and weakening crude demand from China balanced concerns about the Russia-Georgia conflict and its potential to disrupt crude supplies in the region
A leading global energy monitor said Thursday it is worried that demand for oil will outstrip world supply and is preparing a landmark revision of its closely watched forecasts
While governments across the region grapple with the rising cost of food, groups like the Organization for Economic Co-operation and Development (OECD) are working to create strategies to address the problem.
U.S. students are lagging behind their peers in other countries in science and math, test results out Tuesday show
Today Treasury Secretary Henry Paulson outlined some steps the federal government, lenders and investors would try to do in order to save struggling homeowners.
Tuesday's record oil price may eventually become the norm, says a new report, as a growing world economy struggles to boost supplies
The subprime crisis engulfing world stock and credit markets weighed on oil prices again Friday, but declines were limited as market fundamentals continued to buttress prices.
UK Attorney General Lord Goldsmith on Friday denied media reports that he ordered investigators to conceal payments from an international anti-bribery watchdog agency.
Since few of us actually like to save, here's some incentive: a new study says Social Security will replace much less of your pre-retirement income than it has for retirees in the past.
Oil prices steadied near $58 Wednesday after government said supplies of crude oil rose less than expected but the fall in gasoline stocks was less than thought.
Asking how much capital a person needs to save to generate enough income for a comfortable life in the twilight years is a bit like asking how long is a piece of string.
Treasury prices slipped Tuesday after a group issued a report that suggested that the Federal Reserve may need to resume raising interest rates.
Economic momentum on both sides of the Atlantic is now largely back in line with OECD projections but some of the factors sustaining buoyant growth may not continue to do so, the Paris-based think-tank said in an interim assessment on Monday.
Thomas Bleha believes the United States stands to lose big if it keeps slipping behind other countries in the percentage of citizens with high-speed Internet access.
Renewed concern about rising interest rates could bring an end to stocks' recent rally Tuesday.
U.S. Treasury prices dropped Thursday in an initial reaction to firm inflation and jobs figures, although the losses were limited amid additional unrest in the Middle East.
The struggle to achieve a work-leisure balance is one of the biggest challenges of modern life, but if you live in France you get a little help from the government.
Nobody knows how much money gets laundered around the world every year, except that it's probably a lot.
FEBRUARY
Want to glimpse globalization's next frontier? Head to Paris, where the Organization for Economic Cooperation and Development is inching forward on a landmark treaty designed to protect the rights-...
If you ever want to get the fur flying in a roomful of policy wonks, ask them whether the tax burden in the United States is excessive. Absolutely! the opponents of big government will roar, includ...
Nearly lost in all the dire headlines--Mexican peso collapses! economic aftershocks of japan quake! u.s.-china trade war looms!--is 1995's Big Event: the beginnings of a global expansion of breatht...
Even as its economies start to grow anew, Europe's average unemployment is expected to stay close to 12%, more than double the U.S. rate. Traditionally, economists have blamed high minimum wages, g...
Smart manufacturers these days don't give a supplier blueprints for parts; they set performance targets and let the supplier figure out how best to meet them. Is that the way monetary policy should...
Although President Clinton appears to be ignoring Canada's universal health insurance system as he pushes for medical reform, Congress need not make the same mistake. After all, our neighbors to th...
If you want to see a real jobs problem, look at Europe. At its lowest, unemployment during the Eighties was still higher than the peak in the U.S. Today it's closing in on 10%, and the Organization...
THROUGHOUT his campaign, President-elect Bill Clinton called for a long-term, systematic plan to revive the U.S. economy. He proposed forging a partnership between government and industry, upgradin...
MOST Americans don't think they need an economist to tell them the nation has been underinvesting in its infrastructure. They can feel the evidence when they bounce through a pothole and see it in ...
WHEN YOU come down to it, the purpose of work and investment is to live well today and better tomorrow. That depends on each worker and machine yielding a growing output of ever more valuable goods...
IS A PROTECTIONIST trade bloc likely to emerge in Asia between now and the next millennium? Don't bet on it. In a region where the religions are as different as Taoism and Islam and the languages r...
What will it take to get America back on track? Leaving aside the recession and Chinese water torture aftermath, long-term growth has slowed markedly during the Seventies and Eighties from the prev...
Investors have more choices than ever in a world of mounting demand for money and increasingly efficient flows of information and capital. So when the U.S. economy tanked, foreigners had no trouble...
It's easy to see why health care is one of the most wrenching issues in the U.S. when you compare costs and benefits with those of other industrial societies. The U.S. pays the most in both per cap...
Looking to buy the stocks of great companies at a discount? Try a Eurobargain. While many European exchanges have already chalked up big gains this year, most still trade at nearly half the price/e...
YOU'VE ACCEPTED the grim international comparisons that show that Americans don't invest as much as the Japanese, save as much as the Germans, or relax as much as the French. Now you're being told,...
''If talk about 'free trade' puts you to sleep, you'd better wake up fast!'' So begins a newspaper ad campaign backed by a coalition of environmental, labor, and consumer groups out to sabotage the...
THE ENDURING global partnership between farmers and politicians is starting to come unstuck. The leading industrial powers, after years of bickering, now look ready to forge an agreement on rolling...
This item begins by broaching a weird analogy. At least, it received this rating from our friend the movie critic. We had called him to ask which was the Cagney film in which Jimmy is about to swag...
The triumph of capitalism does not come cheap. As country after country struggles to build its market economy, the world will need more money than it did in the Eighties. Latin America, Eastern Eur...
Though much of the world's investment money sloshes around among the major countries of the Organization for Economic Cooperation and Development, more players jump into the pool almost daily. Ever...
LATIN AMERICA After a decade of hyperinflation, debt, and poverty, Latin America has started to rumble with change. One incentive: revolutions on the other side of the globe. So far, reforms in Mex...
L. William Seidman, chairman of the Federal Deposit Insurance Corp., told a Senate committee that one or two banks may require substantial government assistance but that the banking industry's wors...
WESTERN EUROPE'S sturdy recovery has been marred by one glaring weakness, the economy's failure to create jobs. But Europe finally is breaking the employment jinx. The latest figures show that empl...
WESTERN EUROPE increasingly has the look of a marathoner able to go the distance. With West Germany leading the way, business investment and consumer spending have kicked in just as export growth b...
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