America

The number of Americans applying for unemployment benefits fell to the lowest level seen since 2008. The Labor Department reported on Thursday that applications for unemployment benefits fell 13,000 to a seasonally adjusted figure of 348,000. Today's announcement of a drop in unemployment...

The Japanese stock market closed at a 6 month high on Wednesday, a day after the Bank of Japan made the unexpected announcement that it was increasing its asset purchase and lending program and had set its official inflation goal at 1 percent. The Nikkei 225 index of Japanese stocks climbed 208.27...

The International Monetary Fund (IMF) warned on Monday that Chinese economic growth could be cut in half if the financial crisis facing the European Union causes European and American economies to fall into recession. Although the IMF forecast 8.2% growth for China this year, it said that the...

Chinese solar power companies have launched the latest attack in a dispute with their American competitors over allegedly unfair trade practices. The American solar power companies have complained that Chinese solar power companies are dumping their products on the American market at artificially...

China has struck back at accusations from the United States that Chinese solar-panel manufacturers are illegally dumping their products on the American market at prices below their manufacturing cost in order to capture the market. The Chinese Ministry of Commerce announced on Friday that it was...

The amount of funds that European banks sought from the European Central Bank (ECB) climbed on Tuesday to the highest level since April 2009. The European Central Bank reported that 178 European banks requested 247 billion euros ($333 billion) in one-week loans on Tuesday. The increased demand for...

American participants at the U.S.-China Joint Commission on Commerce and Trade meeting in Chengdu, China clashed with their Chinese counterparts as they tried to agree to terms that would improve trade relations between the world's two biggest economies. U.S. Commerce Secretary John Bryson said...

The markets have responded favorably after five of the world's most important central banks announced a joint effort to provide the banking sector with additional liquidity. As the talk of a Greek default increases, there has been growing concern that Europe's banks might stop loaning to each...

While still in relative infancy, I expect this story in USA Today to become an increasingly common situation, especially for younger Americans.  After decades of foreigners coming to our shores for work opportunities, we may be at the beginning of a massive sea change.  While much more common in...

Supporters of Julius Malema, the controversial president of the African National Congress Youth League, clashed with police in South Africa ahead of a disciplinary hearing that could have a a major impact on the future of South Africa. Although Malema played a pivotal role in the election of South...

Last week the Obama administration announced that illegal immigrants who had committed crimes (besides entering the country illegally, committing tax fraud, etc.) would be the primary focus of its deportation efforts. Although the administration was trying to sound like it was being tough on...

The governments of Italy and Spain are breathing a sigh of relief as a bond purchasing market intervention by the European Central Bank (ECB) has pushed down yields on bonds issued by the two troubled eurozone members. The European Central Bank's previous efforts to keep the yields of troubled...

Asian stock markets continued to fall during Wednesday trading as concerns over America's economy continued to overshadow the recent positive news that the United States was able to avoid a default on its debt. Asian stocks began the week on the upswing after it was announced that President Barack...

You might have heard the news that the final Harry Potter movie, "Harry Potter and the Deathly Hallows, Part 2", had the biggest second-weekend decline of all time by a blockbuster movie. When you take a closer look at the numbers, it's easy to see that Harry and his fellow wizards are laughing...