Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions ...

Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be involved. Officials ...

Gold's Selloff Deepens as U.S. Picture Improves

Abe Seeks to Get Japanese Businesses to Spend

Italy Takes First Steps in Reviving Economy

Turkey Must Balance Success With Excess

The Low-Price Boost for Stocks

Argentina Peso Rises; Intervention Is Cited

Rising Wages Pose Dilemma for China

No Debt-Limit Showdown Before Labor Day

LONDON (Reuters) - The government said on Friday it had hired a team of auditors to investigate whether it was overcharged on two contracts with outsourcing firms Serco and G4S. The Ministry of Justice ...

The Conference Board said that its index of leading indicators increased 0.6 percent last month after declining 0.2 percent in March.

Arthur Laffer, chairman, Laffer Associates, discusses the falling deficit and why some people are saying the deficit is being cut too fast.

By Barani Krishnan NEW YORK (Reuters) - Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the ...

Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in ...

The Fed, QE, The Economy, And Goldilocks 2.0

Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding ...

Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including ...

___ A year after IPO, Facebook aims to be ad colossus It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, ...

The state's independent budget analyst said Friday that California will take in $3.2 billion more in tax revenue than Gov. Jerry Brown estimated, providing Democratic lawmakers an argument to funnel more ...

By David Lawder WASHINGTON (Reuters) - Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but $1.1 ...

I checked, and re-checked, and triple-checked, and I can confirm that it’s not 1979 anymore. Now, that shouldn’t be too surprising—I’m not writing this on an Apple II, after all—but it is to a generation ...

All Business Briefs

President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress' ...

The plan includes limiting the deductions and exclusions high-income families can claim, increasing taxes on tobacco products and adopting a new minimum tax on income over $1 million.

By Jim Christie SAN FRANCISCO, May 17 (Reuters) - California's budget watchdog criticized Governor Jerry Brown's outlook for the state's revenues as "too pessimistic" in a report on Friday, saying ...

SAN JUAN, May 17 (Reuters) - Puerto Rico plans to cut by as much as a third the $9.1 billion loan portfolio at its Government Development Bank as a way to bolster finances of the key lender to local governments ...

Millions of dollars from a petroleum tax have been diverted to plug holes in the state budget and pay interest on debt, Michigan's auditor general said Friday. Money in the refined petroleum fund is supposed ...

Mark your calendars: After tomorrow (May 18), the US Treasury can’t borrow any more money to fund already-authorized spending until Congress increases the debt limit. And you may remember that when the ...

A Recovery For The Rest Of Us

A new report says the Kansas unemployment rate dipped to 5.5 percent last month while the number of people filing initial claims for jobless benefits also fell. But Friday's full report from the Department ...

Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but would be $1.1 trillion lower over the coming ...

The Australian currency has been falling sharply and selling the Aussie dollar for the appreciating Mexican peso is becoming an increasingly popular trade, said an analyst.

* Early May U.S. consumer sentiment highest in almost six years * April leading indicators point to growth * Treasuries could stay range bound in coming sessions By Ellen Freilich NEW YORK, May 17 (Reuters) ...

SAN FRANCISCO, May 17 (Reuters) - California Governor Jerry Brown's cautious view of the economy and the state's revenue in the revised state budget plan he unveiled earlier this week seems "too pessimistic," ...

Pennsylvania's unemployment rate declined slightly last month, but remains above the national rate. The state Department of Labor & Industry said Friday the April rate of 7.6 percent compared to 7.9 percent ...

Treasury Secretary Jacob Lew told Congress on Friday that the administration will begin taking steps next week to avoid a default on the nation's debt until Congress votes to raise the government's borrowing ...

Rhode Island's 8.8 percent unemployment rate is the sixth-highest in the country. The U.S. Department of Labor released jobless rates for all 50 states on Friday, and Rhode Island's was number six. Nevada ...

WASHINGTON, May 17 (Reuters) - Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but would be $1.1 ...

(Reuters) I checked, and re-checked, and triple-checked, and I can confirm that it's not 1979 anymore. Now, that shouldn't be too surprising -- I'm not writing this on an Apple II, after all -- but it ...

The gloom and doom theorists swarmed out of the woodwork during the 2008 financial meltdown in reaction to government actions taken to prevent the ‘great recession’ from morphing into the next great depression. The blame fell on both political parties. The Bush administration began the bailout efforts in March, 2008 and …

Trying to reset the agenda amid scandal in Washington, President Barack Obama turned his attention Friday to the economy and said lawmakers should spend every day resolute on how to help it grow and get ...

Gridlock has ruled in Washington for much of the past few years, and stock markets have posted big gains. Coincidence? Neither the threat of a fiscal cliff nor sequestration cuts has halted the seemingly ...

In an effort to take a pulse of U.S. small businesses and entrepreneurs at the local level, over the last year Dell conducted a nine-city small business Think Tank tour.  Here are the findings.

Moody’s Ratings agency upgraded Turkey’s long-term credit rating to Baa3 for the first time today, giving the country an investment-grade rating at two out of the three major credit ratings agencies. In ...

California's unemployment rate has fallen to its lowest level in 4 1/2 years as the state experienced one of the sharpest drops in joblessness nationwide, the state Employment Development Department reported ...

Iowa Workforce Development says the state's unemployment rate dropped to 4.7 percent in April, the lowest rate since December 2008. The department reported Friday that the figure is two-tenths of a point ...

Florida Gov. Rick Scott — who has made his handling of the state's economy the main thrust of his re-election campaign — got more to boast about on Friday. The state's unemployment rate dropped to 7.2 ...