Atlanta Federal Reserve President Lockhart comments on rate hikes this year; and CNBC's Steve Liesman reports second quarter GDP is tracking at 2.7 according to economists' estimates. » Read More
Countries should curtail fruitless tax breaks and instead adopt simpler tax regimes and support R&D, education and infrastructure, the IMF said on Thursday.
U.S. employers announced fewer layoffs in March than during the previous month, but job cuts in the first quarter, the Challenger jobs report says.
S&P sliced its credit rating outlooks for China and Hong Kong to negative on Thursday, citing increasing risks to the mainland government’s creditworthiness.
The Fed is reluctant to plow ahead with more rate hikes because of increased global risks, Chicago Fed President Charles Evans tells CNBC.
The market is telling a simple story, says bond manager Bill Gross: Instead of investing, borrow.
Consumers were feeling more optimistic in March, according to a survey released Tuesday.
Consumer spending rose marginally in February and overall inflation retreated.
The Bank of Thailand faces a tough policy decision, while SKorea will release Q4 GDP and Japan offers up inflation data in a short week.
Prospects for Africa’s second-largest economy look gloomy, as the central bank hikes interest rates at a time of slumping growth, drought and a political power battle.
Consumers were feeling less optimistic than expected in March as drivers eye gas prices, an early survey indicates.
There were 5.5 million job openings in January, up from 5.28 million job openings in December.
A key economic measure ticked higher in February, but fell just short of Wall Street expectations.
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George Osborne, the U.K.'s finance minister, will announce this year's budget on Wednesday and is expected to cut public spending further, despite the slowing British economy.
CNBC's Rick Santelli has the latest numbers on trade.
Action is needed to boost the global economy, with volatile financial markets and low commodity prices fueling concerns about its health, the IMF has said.
A key measure of attitudes on Main Street fell more than expected in February, a survey said Tuesday.
Christine Lagarde will serve a second term as head of the International Monetary Fund, the executive board announced Friday.
But in spite of the dip, the economy is still on pace for moderate expansion.
Consumers are feeling less optimistic than expected so far this month, a survey said Friday.