• US Energy Agency Adopts Brent, Drops US Crude Friday, 7 Dec 2012 | 5:13 AM ET

    The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.

  • Businessman struggles to climb mountain summit.

    The head of one of France's biggest companies has warned that France's problems dwarf those of the U.S.

  • Things Are Getting Weird in Egypt Friday, 7 Dec 2012 | 1:58 AM ET
    Egyptian President Mohamed Morsi

    An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?

  • US Jobs Market 7 Percent Better Than Last Year Friday, 7 Dec 2012 | 1:49 AM ET

    A monthly gauge of online labor demand in the United States rose in November from October, and was up 7 percent from a year ago, the operator of a job search website said on Friday.

  • Asia's Growth Prospects Not So Hot: ADB Thursday, 6 Dec 2012 | 7:35 PM ET

    The Asian Development Bank lowered its 2012 and 2013 growth estimates for developing Asia on Friday as frail global demand drags on the region.

  • Dick Bove: Not Just Taxes, Not Just Feds Thursday, 6 Dec 2012 | 4:32 PM ET

    Dick Bove calls on capitalists to broaden the fiscal cliff talks into fundamentals.

  • White House: Wealthy Tax Hike or It's 'Over the Cliff' Wednesday, 5 Dec 2012 | 2:30 PM ET
    Scene from James Bond Dr. No

    The White House says President Obama is willing to let the country go over the "fiscal cliff" if Republicans don't concede on a tax hike for the wealthy.

  • Top Democrat Hoyer: Boehner 'Wants an Agreement' Wednesday, 5 Dec 2012 | 1:13 PM ET

    In a rare display of bipartisanship, House Democratic Whip Steny Hoyer defended House Speaker John Boehner, saying the Ohio Republican "legitimately wants to reach an agreement" on the "Fiscal Cliff."

  • Obama: 'We Can Probably Solve This in a Week' Wednesday, 5 Dec 2012 | 12:49 PM ET
    President Obama speaks on the "fiscal cliff" during the Washington Business Roundtable on Wednesday.

    President Obama says a deal on the "fiscal cliff" could be reached in a week if Republicans accepted the idea of higher tax rates on the wealthy.

  • The U.S. economy could slingshot higher if the politicians reach a compromise on the country's fiscal problems, Greg Fleming, Morgan Stanley Wealth Management president, said.

  • Service Sector, Factory Orders Beat Estimates Wednesday, 5 Dec 2012 | 9:54 AM ET

    The pace of growth in the U.S. services sector increased slightly in November while U.S. factory orders expectantly rose in October.

  • Productivity Gets Big Boost; Labor Costs Plunge Wednesday, 5 Dec 2012 | 8:31 AM ET

    Nonfarm productivity increased at a much faster clip than initially thought as businesses held the line on hiring even as output surged, with unit labor costs falling at their fastest pace in almost a year.

  • Private Sector Gains 118,000 New Jobs in November Wednesday, 5 Dec 2012 | 8:15 AM ET

    The private sector created 118,000 jobs in November, primarily thanks to service-related jobs, a number that missed expectations ahead of Friday's closely watched government report.

  • Osborne Tries to Sweeten Pill for Austerity Britain Wednesday, 5 Dec 2012 | 8:04 AM ET

    The British economy has performed less strongly than expected and a crisis in the euro zone will constrain growth for several years, finance minister George Osborne said in a budget update to parliament on Wednesday.

  • Investors watch the electronic board at a stock exchange hall in Huaibei, China.

    Chinese stocks, which have had a forgettable year so far, climbed 3 percent on Wednesday, after the country's new leadership promised further reforms. But is the rally that has fizzled out many times in the past here to stay?

  • The Most and Least Corrupt Countries Globally Wednesday, 5 Dec 2012 | 12:00 AM ET

    The United States may have the world's largest economy, but it does not even crack the top ten percent when it comes to a perceived lack of corruption, according to Transparency International.

  • Obama Says Tax Rate Cut for Wealthy Possible Tuesday, 4 Dec 2012 | 2:11 PM ET
    President Obama (R) meets with members of the bipartisan Governors Association Executive Committee, including Delaware Gov. Jack Markell (D)

    President Obama says that while tax rates must go up for a "fiscal cliff" deal, it may be possible to lower rates at the top end of the scale late next year as part of tax reforms.

  • The Most Dangerous Idea in Washington: Economist Tuesday, 4 Dec 2012 | 12:37 PM ET
    Scene from Groundhog Day

    "What some people are calling a 'bungee jump' could cause an economic heart attack," says BofA economist Ethan Harris.

  • 'Fiscal Cliff' Impact Could Go Into 2014: BofA CEO Tuesday, 4 Dec 2012 | 7:10 AM ET
    Speaker of the House John Boehner and President Barack Obama.

    Bank of America CEO Brian Moynihan said "fiscal cliff" uncertainty has already hurt 2013 business spending and said the failure to reach a resolution presents not only a near-term recession risk, but also the possibility of longer negative effects.

  • Japan’s Warning Signal to the West Tuesday, 4 Dec 2012 | 4:50 AM ET
    Tokyo, Japan

    Governments and economists from elsewhere in the developed world are looking East for a clue to the long-term consequences of loose monetary policy.

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