Yes, U.S. gross domestic product shrank in the fourth quarter of 2012. No, it doesn't mean there was a recession. But simply avoiding a recession i...

WASHINGTON, Nov 8 (Reuters) - Allowing income tax rates to rise for wealthy Americans would not hurt U.S. economic growth much in 2013 if Congress e...

The nation's economy expanded at an annual rate of 2 percent last quarter, according to this morning's GDP report. That's faster than last quarter's 1.3 percent and a bit above what most analysts were expecting, so that's good. But it's also just trend growth -- 2 percent is about what it takes to keep the job market pretty much where it is. I could easily write the campaign press releases: Romney/Ryan: growth too slow! Obama/Biden: 13th quarter of expansion, growth picked up from last quarter, no time to change horses (I'd add: especially when the other horse wants to run hard in the wrong direction).

VIENNA, July 16 (Reuters) - Turnover of cross-border organised crime is about $870 billion a year, more than six times the total of off...

* Euro zone GDP stable at 0.0 pct change in Q1 from Q4 2011 * Germany surprises with 0.5 percent growth in Q1 * French g...

WASHINGTON — Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a ...

* Criminal business one of the world's largest - U.N. * Threatens international development goals * Crime groups showing...

* Budget amendment extends reach of tax in 2012 * Funds to help develop poor areas to stem discontent * Two rates, depen...

As the U.S. economy sagged, gambling was there to try and prop it up. At least that's the finding of the American Gaming Association. The trade ass...

In one African nation, a giant American brand may be bringing corporate influence to a whole new level. Coca-Cola accounts for as much as 40 perce...

WASHINGTON (Reuters) - Economic growth was slower than previously estimated in the third quarter on a sharp drop in healthcare spending, but stron...

Since as early as August, it's been clear that the United States federal deficit would top $1 trillion in 2011 for the third year in a row. At 8.7 per...

The economy grew slightly more than previously reported in the second quarter, helped by consumer spending and export growth that was stronger tha...

The widening gap between the wealthy and everyone else in the United States may be hindering a broader economic recovery, according to a new study. ...

The U.S.’s fiscal problem is not that the market questions the country’s ability to pay its debts. The willingness to pay was clearly proved by th...

NEW YORK -- Three years after the worst economic downturn in generations, the American economy increasingly appears vulnerable to another recession. ...

NEW YORK -- The deficit-reduction deal that emerged late Sunday runs the risk of exacerbating two opposite problems at the same time: It cuts enough g...

(Pedro da Costa and Andy Bruce) - The United States will lose its top-notch AAA credit rating from at least one major rating agency, according to ...