Economy

World Stocks Plunge On Fears About Weakened Emerging Markets

Analysts say concern draws from sharp drops in value of currencies in Turkey, Russia, South Africa and Argentina, and report of slowed Chinese manufacturing

Rouhani Says Iran Wants to Rejoin Global Economy

US Housing Market Improves

National Association of Realtors report says sales over the past year have been strongest since 2006

Chinese Manufacturing Contracts for First Time in 6 Months

HSBC's Purchasing Manager's Index (PMI), released Wednesday, fell to 49.6

Davos: Corporate Chiefs Warn of Weak Eurozone Recovery

Head of French energy giant Total, Christophe de Margerie, says he thinks Europe 'should be reclassified as an emerging country'

Report: Top China Leaders' Families Concealing Riches Overseas

President Xi's brother-in-law and former Premier Wen Jiabao's son were among those alleged to have lucrative offshore holdings

IMF Sees Global Economic Gains This Year

IMF Predicts Stronger 2014 Global Economic Growth

Prediction pegs global economy growing by 3.7 percent, advanced economies by 2.2 percent and developing nations moving ahead by 5.1 percent

Oxfam: Wealth of 85 Richest Equals That of 3.5 Billion Poorest

Group says wealthy elites have used their political power to get lower tax rates, hide wealth offshore, and otherwise serve their own interests

ILO: Weak Global Recovery Has Curtailed Job Growth

Treasury Chief: US Will Run Out of Money in February

Jacob Lew urges Congress to raise borrowing limit again by end of February, to make sure country does not default on debts

US Inflation Just 1.5 Percent in 2013

Labor Department says that consumer prices climbed by three-tenths of a percent in December, the most in six months, as cost of gasoline for motorists, apartment rents increased