NEW YORK – Wall Street closed out its worst week since June on Friday, pulling back from record highs as investors focused on when the Federal Reserve will start to wind down its stimulus program, while the dollar rebounded from a seven-week low.

Now, slowly and surely, as our economic world once again unnecessarily collapses, our bought-and-paid-for politicians continue to fight against “big government,” and for tax “simplification” with a “broader tax base,” and against federal stimulus, and …

As the recession has taken toll of almost all economies across the world, India not only survived the meltdown, but also witnessed a growth of five per cent and above, whereas other economies grew by two to two and half per cent, Mike Nithavrianakis …

BEIJING, August 9, 2013 (AFP) – Growth in China's key industrial production accelerated to a five-month high in July, the government said Friday, providing optimistic pointers for the world's second-largest economy after months of negative indicators.

The dollar fell the most in four weeks amid signs that recoveries from Germany to the U.K. are strengthening, narrowing the gap between growth in the world's largest economy and those of other developed countries. The euro gained 0.5 percent versus the …

The run of upbeat Chinese data in the past two days has helped to ease investor concerns that a sharp slowdown in the world's second-biggest economy could derail global growth. "It appears that concerns about more of a slowdown than you might have …

The U.S. economy is maintaining its modest rate of improvement, and current Fed policy is helping to create record highs in the market, according to the latest results of our CNBC Global CFO Council. The council—which represents 24 chief financial …

The Global Call covers the main macroeconomic and policy news events affecting foreign-exchange, fixed income and equity markets around the world, as selected by editors in New York, London and Hong Kong. 1. WRAP: Maybe the world economy isn't in …

… elevated unemployment rates in the U.S. and Europe. The IEA's outlook incorporates lower projections from the Washington-based International Monetary Fund, which on July 9 cut global economic growth forecasts next year to 3.1 percent from 3.3 percent.