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  • China Says Food Price Jump Not From Shortages Thursday, 15 Nov 2007 | 9:28 PM ET

    China's surging food prices reflect international price rises and evolving domestic demand, senior agricultural officials said, denying risks of absolute shortages to feed a nation of over 1.3 billion.

  • $3 Gasoline Can't Stop Thanksgiving Travel, AAA Says Thursday, 15 Nov 2007 | 1:23 PM ET
    Drivers on Interstate 580 approach the MacArthur Maze interchange in heavy traffic on Tuesday, May 1, 2007, near Oakland, Calif. A portion of the interchange collapsed Sunday morning after a tanker truck carrying 8,600 gallons of gasoline overturned and burst into flames. Despite worries about commute nightmares stemming from the closure of two main arteries, Interstate 580 traffic was only slightly worse than normal on Tuesday morning.    (AP Photo/Noah Berger)

    Millions of Americans will drive their cars to visit family and friends over the Thanksgiving holiday, even though gasoline is above $3.00 per gallon, travel and leisure group AAA said Thursday.

  • Dollar Mixed on Uncertainty over Credit Storm Thursday, 15 Nov 2007 | 11:26 AM ET
    Dollar and Yen

    The dollar rose against the euro but slipped against the yen Thursday as fears about the credit crunch's impact and falling equity markets led investors to pare back on profitable but extended trades.

  • US Stocks Fall On Credit Worries Thursday, 15 Nov 2007 | 11:16 AM ET

    US stocks closed an uneasy session lower as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance.

  • Consumer Inflation Remains Tame in October Thursday, 15 Nov 2007 | 9:33 AM ET
    Cash Register

    U.S. consumer prices rose a brisk 0.3 percent in October, which was in line with expectations and driven by the sharpest rise in energy costs in five months, the government reported on Thursday.

  • China's Industrial Output Eases, but Still Strong Wednesday, 14 Nov 2007 | 11:21 PM ET
    China Trade

    China's industrial production slowed more than expected in October under the weight of government tightening measures, but growth was still by far the strongest of any major economy.

  • Dollar Slides vs. Euro as Credit Fears Linger Wednesday, 14 Nov 2007 | 2:16 PM ET
    Dollar and Euro

    The dollar fell against the euro on Wednesday as continued worries that a struggling U.S. housing sector and lingering credit problems weighed on sentiment and left intact a long-term declining trend.

  • Retail Sales Rise Sluggish 0.2%; Inflation Is Tame Wednesday, 14 Nov 2007 | 11:40 AM ET

    U.S. retail sales rose a sluggish 0.2 percent in October while an inflation measure grew less than expected, according to government data Wednesday that may give the Federal Reserve more leeway to prop up a slowing economy.

  • Ben Bernanke's Speech: Federal Reserve Communications Wednesday, 14 Nov 2007 | 9:24 AM ET

    The prepared speech given by Federal Reserve Chairman Ben Bernanke on Federal Reserve communications at the Cato Institute 25th Annual Monetary Conference in Washington, D.C. on November 14, 2007.

  • Euro Zone Third-Quarter GDP Beats Expectations Wednesday, 14 Nov 2007 | 8:01 AM ET

    Euro zone growth rebounded more strongly than expected in the third quarter thanks to its three biggest economies, data showed, but economists said a looming slowdown would help keep ECB interest rates on hold.

  • Bank of England Points to Lower Interest Rates Wednesday, 14 Nov 2007 | 6:49 AM ET

    British interest rates will need to fall in the coming months if inflation is to hit the central bank's 2 percent target in two years, the Bank of England signalled on Wednesday.

  • US Rate Decision Depends on Data: Fed's Fisher Wednesday, 14 Nov 2007 | 6:20 AM ET

    Federal Reserve Bank of Dallas President Richard Fisher said on Wednesday a decision on interest rates at the central bank's December meeting would depend on coming data, but emphasised that the economic risks were not all on the downside.

  • China October Retail Sales Rise a Record 18.1% Wednesday, 14 Nov 2007 | 12:13 AM ET

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the Chinese retail sales jumped 18.1 percent in October from a year earlier, the fastest pace on record, propelled by rising incomes, accelerating inflation and windfall gains from the surging stock market.

  • Suddenly, Inflation Isn't The Market's Bogeyman Tuesday, 13 Nov 2007 | 5:06 PM ET
    Cash Register

    The good news is that inflation is less of a worry. The bad news is that economic growth is more of one.  The change in perception comes as investors prepare for key inflation data this week.

  • Dollar Edges Down on US Economic Concerns Tuesday, 13 Nov 2007 | 2:51 PM ET
    Dollar and Yen

    The dollar slipped against most currencies Tuesday, resuming a long-term decline after a brief respite on Monday as investors expected further signs of housing weakness and sluggish consumer spending that could hurt U.S. growth.

  • Small Business Optimism Sours on Fed Rate Cut Tuesday, 13 Nov 2007 | 8:17 AM ET

    Optimism about the U.S. economy among small businesses soured last month as a Federal Reserve interest cut intended to aid the economy instead triggered cutbacks in spending and hiring, a survey released on Tuesday showed.

  • Japan's Economy Grows, But BOJ Holds Rates Tuesday, 13 Nov 2007 | 6:20 AM ET
    Shipping containers lay stacked on a cargo ship docked at the Ensenada International Terminal port facility on Wednesday, March 8, 2006 in Ensenada, Mexico. In March 2005, the facility acquired two additional cargo cranes, seen in the background, bringing the total to four. Mexico and some of the world's largest retailers and shipping interests are bolstering Pacific ports south of the border, hoping to catch future runoff as an increasing tide of Asian cargo sails toward already clogged ports i

    Japan's economy grew faster than expected in the third quarter, but the Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding.

  • German Investors' Morale Worst in Nearly 15 Years Tuesday, 13 Nov 2007 | 6:00 AM ET

    German investor morale worsened in November to its weakest since February 1993, weighed down by worries about financial market turmoil and the impact of the strong euro, a closely watched survey showed on Tuesday.

  • Chinese Consumer Inflation Rebounds in October Monday, 12 Nov 2007 | 10:44 PM ET
    Investors track stock prices, China

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long to keep a lid on price pressures. Consumer price inflation quickened to 6.5 percent in October, matching the near 11-year peak scaled in August, from 6.2 percent in September.

  • Dollar Edges Up Against Euro, Pound Monday, 12 Nov 2007 | 12:20 PM ET
    Dollar and Yen

    The dollar rose against the euro on Monday, as the European currency backed off all-time highs set last week.

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