* Fiscal restraint in 2013 could lead to contraction-CBO * No restraint over long run not sustainable-CBO By Lucia Mutik...

MEXICO CITY -- Telephone magnate Carlos Slim denied Tuesday that he has a monopoly on telecommunications in Mexico, disputing a report by an internati...

Scales continue to tip in the rich's favor the world around. Income inequality -- the gap between a society's richest members and its poorest -- i...

PARIS — The Organization for Economic Cooperation and Development said Monday policy makers around the world must "be prepared to face the worst...

CANNES, France -- The United States, China, Germany and other major rich and emerging economies have pledged to fight cross-border tax evasion under a...

FRANKFURT, Germany — Even if Europe dodges a financial meltdown, it may not be able to avoid a recession. The deal European leaders reached las...

An international drive against offshore tax havens has reaped nearly 14 billion euros from would-be tax evaders, the Organization for Economic Coo...

(Vicky Buffery) - The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Mond...

PARIS -- World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an int...

(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...

TOKYO -- Japan should as much as quadruple its sales tax rate to deal with a crushing deficit that's bound to grow as it spends on reconstruction from...

Mexicans work the longest days and Belgians the shortest, according to a study of 29 industrialized countries released by the Organization for Eco...

PARIS -- The Organization for Economic Cooperation and Development says the outlook for economic growth in the United States and other major economies...

It's high time we get women more involved in the world economy. Removing obstacles to their participation can speed the global recovery and fight economic insecurity plaguing families around the world.

PARIS — The U.S. economy will grow only 2.6 percent this year, less than the 3.2 percent previously forecast, an international agency predicted ...

PARIS -- Economic recovery in the world's richest countries is accelerating thanks to a "substantial" rebound in trade and growth in Asia, but austeri...