A deal to resume government funding seems elusive on Wednesday, a day before the U.S. Treasury will reportedly begin running on emergency cash, but default or no default, U.S. bonds will likely remain the preferred safe investment for the global economy.

Doha, 19 October 2013 – The Annual Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C. last week highlighted the clouds on the horizon for the global economy. The US economy continues to underperform, the Euro …

The bruising battle that ended late on Wednesday with a bipartisan deal to extend the debt limit and reopen the government hurt not just the Republican Party but also the global economy and the United States' standing in the world, a panel of …

He said he and other politicians had to inspire confidence and a “can do” attitude in the economy. He pointed to British scientific and technological achievements as evidence that the country can match China as a hotbed for entrepreneurs and innovation.

The average fuel economy for a passenger car in the U.S. has grown 81 percent since the Department of Transportation began tracking standards in 1978. In the wake of the 1973 oil embargo, the average jumped from about 13 mpg to almost 20 in 1980.

And so America will not become a deadbeat, after all, at least not this month. It will go on paying its bills, thanks to a reluctantly agreed 11th-hour compromise this week, until a new deadline for raising its debt ceiling on permissible government …

The global economy may “turn a corner” next year with improvements in the U.S. and Europe, according to Avery Shenfeld, CIBC World Markets chief economist. World growth may accelerate to more than 4% in 2014, as eurozone countries and the U.S. …

China's accelerating economy, upbeat statements from US industrial groups and Google's new share price high raised hopes of strengthening global growth despite the fallout of this month's political showdown in Washington. The confrontation between …

The rebalancing of global demand following the financial crisis may mask fault lines that still threaten the world economy, according to HSBC Holdings Plc and Deutsche Bank AG. The international economy's overreliance on U.S. consumer demand and …