In the Financial Times, Stein Ringen, a professor of sociology at Oxford, takes a lash to forecasting-happy economists, this time over the eurozone. The column provides a lesson in how difficult it is to resist the allure of prediction and the appeal of the simple dichotomy.

The global crisis has pushed trade reforms off -- or at least to the edge of -- the political radar screen. But shying away from improving the trade system in these tough economic times seems a little like cutting off your nose to spite your face.

Leaving the management of the complex economic relationship between China and the United States to the whims of Congress this close to an election year is not only ill-advised but it could prove catastrophic for the U.S. economy.

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the cou...

In 1950 a beer cost about the same (about 25 cents in U.S. dollars at the time) in Pounds Sterling, French Francs, German Marks, Japanese Yen and many...

Hundreds of toymakers at the China Import and Export Fair, the country's largest, are charging more as the world's second- largest economy battles inf...

The need for careful design of economic policies at the national level, and coordination at the global level, may be as important today as they were at the peak of the crisis two years ago.

In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.

Treasury secretary Timothy Geithner directly contradicted former Fed chairman Alan Greenspan's assertion about U.S. monetary policy, saying the U.S. i...

At triple-digit prices, the tar sands will produce three to four million barrels per day. In turn, the tandem of soaring oil prices and soaring oil production will propel the Canadian dollar to heights it's never seen.

SHANGHAI — By loosening its currency's peg to the dollar, China is seeking to defuse complaints that it keeps its exports artificially cheap, st...

According to some pundits, Beijing's fixed exchange rate explains our trade imbalance with China and a end to this practice will aid the revival of manufacturing in America. Phooey.

Concerns about the weak dollar are mounting. But even as the greenback sinks to new lows against the euro and other global currencies, some experts sa...

The euro crept higher on Monday after striking a series of historic peaks close to 1.50 dollars last week as dealers worried about the health of the U...

The dollar fell for a sixth day against the euro as slowing economic growth and concern that turmoil in Pakistan will intensify made U.S. assets less ...