News Headline Articles

Risks Discussed at Davos as Recovery Gains Ground

Record low interest rates, ample liquidity and faster growth should sustain the global recovery from financial crisis this year, but an ill-judged move by the Federal Reserve could threaten economic revival worldwide.

Christie Finds Unlikely Allies Among Hispanic Leaders

Hispanic leaders, who are usually aligned with Democrats, are giving Republican Gov. Chris Christie the benefit of the doubt.

Pope Francis Issues Challenge to Leaders in Davos

Pope Francis challenged business leaders assembled at the World Economic Forum in Davos to put their wealth at the service of humanity instead of subjecting most of the world's population to poverty and insecurity.

Janet Yellen Says Don't Call Her Chairwoman

Janet Yellen won't be chairman or chairwoman when she becomes the first woman to head the Federal Reserve on Feb. 1.

CEOs Gloomy About S&P 500 Outlook for 2014

For every company predicting in January that earnings that will beat estimates, 2.5 are projecting results that fall short, matching the worst ratio since the stock market rally began in March 2009.

IMF Raises Outlook for U.S., Global Economies

The International Monetary Fund is a little more optimistic about the global and U.S. economies in 2014 than it was three months ago.

U.S. Set to Lead Global Economic Recovery

A much better year lies in store for most of the world's major developed economies, with the U.S. leading the way, growth quickening in the U.K. and Germany, and Japan looking to disappoint, Reuters polls forecast on Thursday.

Materials Stocks Lead an Early Wall Street Gain

Materials companies are leading an early gain on The Street, with Dow Chemical jumping 6 percent after Third Point announced it had taken a large stake in the company.

'Jobless Recovery' Could Last for Years, ILO Warns

The world could face years of rising global unemployment that will hit young people especially hard, a report from the International Labor Organization cautions on the eve on the World Economic Forum in Davos.

Trickle Down: The Great Lie of Our Lifetime

'Trickle down' is the fundamental building block of supply-side economic theory, but evidence is growing that governments have been pulling at economic levers that are attached to nothing.

Oxfam: 85 People Own Half the World's Wealth

Wealthy elites have rigged the rules of the economic game, undermining democracy and creating a world where the world's 85 richest people own the wealth of half of the world's population, worldwide development organization Oxfam said in a report published Monday.

Obama Announces Initiative to Expand College Access

President Obama announced new measures with colleges across the country to expand access for low-income students, touting the effort as a successful initiative that didn't rely on congressional action.

California Declares Drought Emergency

Gov. Jerry Brown announced a state of emergency Friday that has been all but official for weeks: California is in a drought.

Why Women Are Key to U.S. Workforce

If women are financially impeded by "systemic" restrictions in the workplace, the entire middle class and American economy are held back too, New York Sen. Kirsten E. Gillibrand said.

U.S. Industrial Production Rises for 5th Month

U.S. industrial production rose for a fifth straight month in December, suggesting that factories gave economic growth a strong boost at the end of the year.

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