Global growth for 2013 and 2014 has been downgraded "significantly" after weak prospects in emerging markets, says the Organisation for Economic Co-operation and Development. Global GDP this year is now expected to grow by 2.7%, down from 3.1% …

The world economy will probably expand 2.7 percent this year and 3.6 percent next year, instead of the 3.1 percent and and 4 percent predicted in May, the Paris-based OECD said in a semi-annual report today. “Most of the emerging economies have …

PARIS—The uncertain future of U.S. fiscal and central bank policies poses a growing risk to a global economic recovery that has already been weakened by a slowdown in growth in many developing countries, the Organization for Economic Co-operation …

The OECD has released a critical report on the United States, arguing that the uncertain fiscal and central bank policies could pose major risks for the global economy. The OECD often takes a relatively neutered approach when criticizing its member …

The thinktank upgraded its outlook for the UK but cut its forecasts for the global economy. The Paris-based group forecast that unemployment would remain stubbornly high in several of its 34 mainly rich countries, that growth would slow in many …

NEW YORK CITY – Failed brokerage MF Global will pay $1.2 billion in restitution plus a $100 million penalty to resolve charges it took money from customer accounts as it collapsed in 2011, US regulators said Monday. The Commodities Futures Trading …

CHICAGO—From the outside, it's hard to imagine that the Flexan Corp. facility in an unassuming neighborhood in Chicago serves as the headquarters for a thriving global enterprise. But the 65,000-sq.-ft. complex not only houses production for the …

Bank economists and analysts attending the 47th annual assembly of the Latin American Federation of Banks in Miami on Monday were generally optimistic that 2014 will be a better year for the global economy as well as most Latin American countries but …

Yet growing America's economy and keeping our families safe depend today on our engagement with the rest of the world. In this respect, investing in America's global leadership has never been more crucial to our state's prosperity and security.