… divided Congress. "The government shutdown is bad enough, but failure to raise the debt ceiling would be far worse, and could very seriously damage not only the US economy, but the entire global economy," she said, according to her prepared remarks.

… into another recession and cause widespread economic chaos. “It'll be a massive hit to our financial system and the U.S. economy at a time when we're still recovering,” said Stan Veuger, a resident scholar at the right-leaning American Enterprise …

Yeah, we feel that way too. So, kids, are we having fun with the government shutdown yet? From dieting kids, to cancer kids, to forced family vacations, isn't Congress just the best?!? American exceptionalism at its finest! However, the fun is just …

As the engine of the global economy shifts to Asia, a greater responsibility is placed on regional groups such as the Asia-Pacific Economic Cooperation ( APEC) to drive ahead development not only for its members but for the world in general. Such …

The global economy is experiencing "transitions on an epic scale", the International Monetary Fund managing director said on Thursday, warning that turbulence in emerging markets could knock 0.5 to 1 percentage point off their growth. Christine Lagarde …

NEW YORK — Five years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering investor confidence, families in major countries around the world are still hunkered down, too spooked and distrustful to …

Amy Poehler and Charlize Theron were moved to tears Friday, and it wasn't for a role. The actresses got emotional while being recognized for their philanthropic efforts at Variety's Power of Women luncheon. Nicole Kidman, Kerry Washington, Elizabeth …

Editor's Note: This article is the first in a three-part series profiling the recipients of the annual Celebrate Philanthropy! honors. The honorees will be formally recognized at the Celebrate Philanthropy! Luncheon, hosted by the Santa Barbara …

Web users soon posted a series of photos of Yang Dacai, formerly the work safety boss in northern Shaanxi province, sporting a series of luxury watches. China's leadership has vowed to crack down on official corruption, warning it could threaten the …