Wall Street Journal (Economy)

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Economy
Updated: 1 hour 11 min ago

U.S. Companies Look Homeward

1 hour 13 min ago
U.S. manufacturers are adding capacity at home, replacing aging equipment and even moving production back from overseas.

Energy Boom Lifts Economy

1 hour 14 min ago
The benefits of the newest energy boom are extending far beyond the traditional oil patch. It's revving up the U.S. economy.

German Costs Stay Low

2 hours 14 min ago
Germany's latest offer of five-year debt attracted solid demand at its latest auction as borrowing costs rose only slightly from recent record lows.

Greek Party Leaders Pore Over Debt Deal

2 hours 16 min ago
Greek Prime Minister Papademos will meet with party leaders backing his government to seek approval on reforms needed to win a $170 billion bailout and prevent a default.

German Data Pose Growth Risk

5 hours 42 min ago
Germany's seasonally adjusted exports fell more sharply than imports in December, posing downside risks to the country's growth for the fourth quarter.

Concession Smooths Way Toward a Greek Deal

7 hours 46 min ago
The ECB made key concessions over its holdings of Greek bonds, which will contribute to a reduction of the country's debt burden and smooth the path toward a new bailout.

Big U.S. Firms Sidestep Euro-Crisis Damage

Tue, 02/07/2012 - 22:00
Survey shows U.S. companies' revenue from Europe rose in fourth quarter, but firms are expected to face more trouble there.

Little Room for New Workers

Tue, 02/07/2012 - 21:36
The U.S. job market is finally growing stronger by almost every key measure, except one: Not enough people are quitting.

Talks on Payroll-Tax Cut Bog Down

Tue, 02/07/2012 - 18:29
Congress is poised for another 11th-hour standoff over extending the payroll-tax cut. A panel meeting Tuesday was angry and unproductive.

India Cuts Growth Forecast to 6.9%

Tue, 02/07/2012 - 18:03
India again cut its economic growth forecast for the current fiscal year to 6.9%, which will be the slowest in three years, as aggressive monetary tightening at home and a shaky global economy crimped industrial activity.

Bernanke Cites Risks to Recovery

Tue, 02/07/2012 - 16:44
Bernanke faced Senate lawmakers Tuesday, again offering a message for Washington to get its fiscal house in order.

Americans Ramp Up Borrowing

Tue, 02/07/2012 - 16:25
In another sign that the credit freeze is thawing, the Federal Reserve said Americans ramped up their borrowing at the end of 2011.

France Posts Record Trade Deficit

Tue, 02/07/2012 - 16:24
France's trade deficit reached an all-time record last year, underscoring the loss of competitiveness of the country's national production.

Focus Turns to ECB Greece Policy

Tue, 02/07/2012 - 13:51
The European Central Bank is widely expected to keep its interest rates on hold, but clues as to how it will deal with the intensifying crisis in Greece are likely to steal the show.

U.S. Budget Plan Has Familiar Ring

Tue, 02/07/2012 - 09:42
Obama will release a familiar budget plan, calling for $3 trillion in deficit reductions over 10 years, including $1.5 trillion in tax increases to fall mostly on the wealthiest Americans.

German Industrial Output Falls

Tue, 02/07/2012 - 07:10
Germany's disappointing industrial production data for December confirm that the euro zone's largest economy probably contracted in the fourth quarter of 2011, analysts said.

U.K. Retail Sales Drop

Tue, 02/07/2012 - 02:08
Retail sales in U.K. stores that have been open for at least a year fell in January, and at the second-fastest rate for the first month of the year since records began in 1995, according to the British Retail Consortium's monthly survey.

Indonesian Economy Grows at Top Clip Since '90s

Mon, 02/06/2012 - 20:38
Indonesia's economy grew last year at its fastest pace since the 1997-1998 Asian crisis, with the country's vast domestic market helping to shield it from global economic turmoil.

Greece to Cut Public-Sector Jobs

Mon, 02/06/2012 - 19:59
Greece has agreed to lay off 15,000 public-sector workers by the end of 2012, as international pressure mounts on Athens to agree on austerity measures needed to secure major new debt agreements.

IMF Urges Beijing to Ready Bold Moves

Mon, 02/06/2012 - 19:46
The IMF urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.

Stories We're Watching

As Growth Slows, India Awakens to Need for Foreign Investment

International Herald Tribune - Wed, 02/08/2012 - 08:26
India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

Social responsibility and a new world order

Washington Post - Innovations - Tue, 02/07/2012 - 07:56
Just before the New Year, the London-based Center for Economics and Business Research announced that Brazil had overtaken the United Kingdom as the world’s sixth largest economy. Furthermore, it predicted that by 2020, India and Russia will also have overtaken all the European economic powers.

Aid for trade policy rears its ugly head

The Guardian's Poverty Matters - Mon, 02/06/2012 - 01:41
The UK government's dismay at not being granted the contract for Typhoon fighter jets in India is an indication that its controversial aid for trade policy is still very much alive.

Liberia's battle to put the lights back on

The Guardian's Poverty Matters - Sun, 02/05/2012 - 23:00
Ellen Johnson Sirleaf has set ambitious targets to restore the country's electricity supply. But will it meet them by 2015?

As Africa's consumers rise, so does inequality

Yale Global Online - Fri, 02/03/2012 - 10:17
Kenya struggles to spread the wealth from rapid growth.

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