Economy

Australia's Prime Minister Tony Abbott (L) speaks next to his South Korean counterpart Park Geun-hye during a news conference at the presidential house in Seoul, April 8, 2014.

April 08, 2014

South Korea, Australia Sign Free Trade Deal

The deal lifts levies on key agricultural and technological goods immediately and aims to do away with almost all tariffs within ten years

A U.S. veteran gets information at the Veterans Administration booth at the "Hire Our Heroes" Job fair in Sandy, Utah, March 25, 2014.

April 04, 2014

US Economy Added 192,000 Jobs in March

The figure is lower than February's revised total of 197,000 jobs, which means that employers added 37,000 more jobs in February and January than previously reported

April 02, 2014

IMF Warns Global Economy 'Much Too Weak'

April 01, 2014

General Motors' Chief Apologizes for Deadly Car Crashes

General Motors CEO Mary Barra listens on Capitol Hill in Washington, April 1, 2014, while testifying before the House Energy and Commerce subcommittee on Oversight and Investigation.

April 01, 2014

General Motors' Chief Apologizes for Deadly Car Crashes

GM CEO Mary Barra offered her apology at a congressional hearing in Washington after the recent recall of 2.6 million vehicles produced from 2005-2010

A cashier counts a pension payment in Russian roubles, in a post office at the Crimean city of Simferopol, March 25, 2014.

March 26, 2014

World Bank: Crimean Standoff Could Shrink Russian Economy

Word Bank report says that no matter how the Crimean dispute plays out, there is a risk Russia will be put back into a crisis mode to handle its economy

Brazil's Finance Minister Guido Mantega speaks during the announcement of cuts in the Federal Budget, at the Finance Ministry in Brasilia, Feb. 20, 2014.

March 24, 2014

S&P Cuts Brazil Credit Rating

S&P, one of world's three main credit rating companies, downgraded country's long-term debt rating Monday to BBB minus, agency's lowest investment-grade rating