| Aug 14, 2013
| 8:29 AM
The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday.
Eurostat, the European Union’s statistical agency, said the...
| Aug 12, 2013
| 8:39 AM
Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.
The country's gross domestic product grew at an annualized 2.6%, coming in at a...
| Jul 31, 2013
This is a week of clues, with economists and investors watching for signals that the economy and stock market are ready to stand on their own with less help from the Federal Reserve's pacifying bond-buying program.
Stock investors reacted nervously in...
| Aug 4, 2013
| 5:00 AM
Last month, alarm bells were nearly ringing in business and political circles because China's latest gross domestic product figure came in lower than expected — at 7.5 percent. Some rather eminent people immediately came out to proclaim the need for...
| Jun 22, 2013
| 11:32 AM
My favorite story in The Baltimore Sun last week was by my colleague Eileen Ambrose, reporting on how Marylanders are a bunch of whiners, at least according to a state-by-state breakdown of the complaints received by the federal Consumer Financial...
| Apr 5, 2013
| 5:05 AM
WASHINGTON (AP) — From household wealth to spending at stores, many of the U.S. economy's vital signs have recovered from the damage done by the Great Recession.
Home foreclosures and layoffs have dropped to pre-recession levels. Economic output...
| Mar 20, 2013
| 12:25 PM
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...
| Feb 27, 2013
| 6:28 AM
WASHINGTON (AP) — An ax is scheduled to hit the federal budget Friday: Unless the White House and Congress reach a budget deal by then, automatic cuts will carve $85 billion out of the budget through Sept. 30 and $1.2 trillion over the next decade....
| Mar 6, 2013
| 5:00 AM
You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?"
The joke needs...
| Feb 18, 2013
| 9:30 AM
WASHINGTON -- President Obama and Democrats want more jobs. So do Republicans. Heck, everyone does. Yet, job creation is weak. It's true that the economy has generated 5.5 million jobs from its low point. Still, there are 3.2 million fewer jobs now than...
| Feb 25, 2013
| 9:46 AM
WASHINGTON -- How big is the national debt?
You'd think this would be an easy question. Surely we know how much the government owes. Unfortunately, it's not that simple. The true national debt could be triple the conventional estimate, anywhere from $11...