| 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...
| Sep 17, 2013
| 9:35 AM
WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
| Oct 7, 2013
| 11:40 AM
Most Americans may be sleeping through the government's fiscal stalemate, figuring that events like a debt default won't have much impact on them.
That's panicking market-watchers.
Over the last few days, analysis of the effect of a default...
| Oct 16, 2013
| 2:48 PM
Now that Congress is set to lift the current limit on how much the government can borrow, here are four facts about the national debt that, polls indicate, many people don’t know.
1. The U.S. debt burden is starting to decline. That’s...
| Jul 18, 2013
| 4:16 PM
America spends more on its military than any other country. U.S. military spending in 2012 was $682 billion, which is $516 billion more than incurred by China, the next biggest spender. This means the U.S. has the most technologically advanced and best-...
| Nov 7, 2013
| 5:30 PM
WASHINGTON — U.S. economic growth improved in the third quarter to a surprisingly solid 2.8% annual rate, the fastest in a year, bolstered by a restocking of goods by businesses.
Details of the Commerce Department's report Thursday, however,...
| Nov 19, 2013
| 6:00 AM
The economic contributions of U.S. copyright industries reached new heights last year, for the first time contributing more than $1 trillion to the gross domestic product and accounting for 6.5% of the nation's economy, according to a new report.
| Nov 26, 2013
| 5:00 AM
SÃO PAULO, Brazil — With a stable job as a home health worker, Maria Conceição decided it was time to live a little.
So when a local retailer offered her the chance to buy some appliances on credit, she pounced. Using installment plans, she...
| Dec 6, 2013
| 10:53 AM
By the time Nelson Mandela was released from prison in 1990, the path to ending South Africa's political crisis through the abolition of apartheid was known, even if it would not be easy or straight.
Solving the country's economic crisis was another...
| Apr 30, 2014
| 5:36 PM
WASHINGTON — The nearly 5-year-old recovery stalled in the first quarter, but the Federal Reserve said consumer spending and economic growth are picking up momentum following a harsh winter.
In an upbeat assessment, the Fed said Wednesday that...
| Mar 28, 2014
| 9:38 AM
Let's acknowledge at the top that Abby Huntsman, one of the four anchors of MSNBC's youth-oriented news show "The Cycle," has taken on an ambitious task for herself: She's been trying to discuss U.S. fiscal policy, which is chock full of complicated...