* Cayman Islands account also will be part of questioning * Confirmation expected but Republican support unclear * Confi...

Austerity is the leading cause of the election of national leaders who promise that if elected they will stop "submitting" to creditors' demands that they inflict austerity on their people.

For years, China deliberately diminished the value its currency. This artificially reduces the price of Chinese exports. Simultaneously, it artificially raises the price of U.S. exports to China. Dithering by the U.S. House of Representatives on this issue has reduced America to victim status.

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

(Emily Kaiser) - A sharp rise in China's yuan currency might cut the U.S. trade deficit by as much as one third and create enough American jobs to...

WASHINGTON (AP) -- This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has be...

LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...

Has the time for a currency war with China arrived? The answer looks increasingly to be yes. The politics and economics of an assault on Chinese excha...

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

The catastrophic economic downturn that began two years ago was supposed to shake up the global economy, ending an era in which Americans consumed too...

WASHINGTON (AFP) -- Failing US financial institutions must face the credible threat of government closure if reforms are to succeed, a key adviser to ...

This key economic policymaker is as detached from reality as most of his recent predecessors.