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ECONOMY HEADLINES

» Hot Topics: Economy | TARP | Timothy Geithner

- The Rising Mountain of Debt May Be the Next Crisis
  The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.

Euro Zone, UK Service Sectors Stumble but Optimisic

Signs of a recovery in the euro zone's dominant services economy took a backwards step in June but business optimism hit a near two-year high on hopes that the worst is over, surveys showed on Friday.

China Says 'Carbon Tariffs' Proposals Breach WTO Rules

Proposals to impose "carbon tariffs" on imported products will violate the rules of the World Trade Organization as well as the spirit of the Kyoto Protocol, China's Ministry of Commerce said.

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Top Young Businesswomen Celebrated

Management Today released its list of top 35 businesswomen under 35 years old. The backgrounds range from entrepreneurs to corporate directors. Azita Qadri, MD of Eat Your Cake, and Jade Tong, associate director at DTZ, discuss what it means to be on this list.

London vs New York as Top Financial Hub

As the global economic slowdown and ongoing financial crisis continues to take their toll on financial hubs New York and London, Simon Wong from Tomorrow's Company considers which of the financial centers has weathered the storm best.

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