economy

Text of the Federal Reserve's statement Wednesday

Below is the statement the Fed released Wednesday after its policy meeting:…

UN conference returns to Rio with new emphasis

Representatives from around the world will be returning to Rio de Janeiro…

CEOs defend capitalism at anguished Davos forum

Some of the world's top CEOs are admitting that capitalism is worsening…

European stocks drop amid worries over Greek deal

European leaders' hard line in negotiations with Greek bondholders drove stock markets…

FACT CHECK: Gingrich flubs history in GOP debate

Newt Gingrich called rival Mitt Romney a "terrible historian" but flubbed his…

Greece, earnings worries send S&P to rare loss

Investors on Wall Street fretted Tuesday that a deal to keep Greece…

InterDigital ends 'strategic review;' shares fall

InterDigital Inc.'s board of directors has ended a review of a possible…

Israel seeks to turn gas to gold

Israel is putting together a plan for a national investment fund that…

McDonald's 4Q net income jumps 11 pct

Budget-conscious diners continue to flock to McDonald's, but investors are beginning to…

Obama challenges: Shrink gap between rich, poor

Declaring the American dream under siege, President Barack Obama delivered a populist…

Romney talks housing, ends up defending banks

Republican presidential candidate Mitt Romney came to ground zero of the housing…

Survey: CEOs gloomy about global economy in 2012

Almost half of company chief executives are pessimistic about prospects for the…

War of words over Greek debt heats up

The war of words between Europe and private investors heated up Tuesday…

Eurozone, bondholders clash on Greek interest rate

Eurozone finance ministers early Tuesday set the stage for further tough negotiations…

Greek debt hopes shore up markets despite delay

Hopes that Greece will reach a deal with private creditors on lowering…

Lagarde urges Europe to boost growth and firewalls

Europe's stronger economies should do more to boost growth and beef up…

Obama, Italian PM to discuss financial crisis

President Barack Obama will meet with Italy's prime minister next month to…

Stocks end mixed as Greece negotiates to cut debt

The S&P 500 index eked out a tiny gain Monday while traders…

With Nasdaq soaring, is 2012 tech's breakout year?

The stock market has had an impressive January. The staid companies that…

Bonus season not as festive for bank CEOs

JPMorgan Chase, the nation's largest bank, posted a record profit for 2011.…