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World Economy

  • Hurricane Katrina created a heap of debris and destruction near the Grand Casino September 1, 2005 in Gulfport, Mississippi. Most local residents and businesses along the beach front lost everything due to hurricane Katrina.

    Over $4 trillion of economic output is at risk in the world's largest cities, due to a host of dangers ranging from earthquakes, pandemics and cyberattacks, according to a new study.

  • Euro zone business activity accelerated at its fastest pace in more than four years last month as Italy turned in its best performance since early 2011 and German growth strengthened.

  • A cargo ship docked at the Port of Long Beach, Calif.

    Currency wars are one reason Michael Farr thinks the Fed will either defer the first rate hike to next year or do one small move and then pause.