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Sales of new U.S. single-family homes rose in March, indicating the housing market recovery remains on track.
A sharp drop in German business activity overshadowed an easing downturn in France in April, surveys showed on Tuesday.
Debt levels swelled across the euro zone, but the pressure may be easing as the European Commission signals an end to sharp spending cuts.
China's weak PMI reading puts the nation's recovery in question as economists recalibrate growth projections lower for the economy.
An outbreak of bird flu in China and recent images of dead pigs floating in rivers have hit demand for chicken and pork and that's likely to curb inflation in the months ahead, analysts say.
Gold may have seen its low price for now, amid signs of consumer and hedge fund interest in the precious metal, analysts say.
It was a tough start to the week for many air travelers as federal budget cuts led to cascading delays along the East Coast Monday morning.
Housing supply is supposed to grow in the spring due to warmer weather and the convenience for families of moving during the summer. That is not the case this year.
U.S. home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy.
The best word to describe the U.S. economy and economies around the world is "stability," Caterpillar CEO Doug Oberhelman told CNBC, despite the company's earnings and revenue misses and scaled-backed outlook.
Job numbers and a sell-off in commodities may have curbed investor sentiment in the U.S. in recent weeks, but according to Societe Generale, the economy is now made of sterner stuff.
Pimco's Bill Gross has launched an attack on Britain and the euro zone for cutting debt with severe austerity measures, warning that such action risks stifling recovery, the FT reports.
Up to half the 21 companies where the U.K. government has a shareholding could be wholly or partly privatized in the next few years, a senior official has said.
Both the Fed and the ECB have tried to boost demand in the two regions that represent 40 percent of the global economy, but it is not happening. Here's why.
The Chinese city of Guangzhou is home to an expanding community of entrepreneurs from economic rival, India, who have migrated there to share the fruits of China's stupendous growth.
An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in monetary easing by the world's major central banks.
Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigious event for the first time since taking the helm of the central bank in 2006.
IBM's awful earnings performance in the first quarter likely foretells a rough time ahead for the stock market.
Once more, arcane-sounding financial products like collateralized debt obligations are being minted on Wall Street.
The meager three percent pullback in the S&P 500 at the end of February made a lot of traders believe that any pullback should be bought, but there has been a lot of discussion this week that this pullback might be different.