… 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.

It's been a cornerstone of conventional wisdom among the economic establishment for years, featuring prominently in G-20 communiqués, International Monetary Fund assessments and World Trade Organization pronouncements about the global economy.

I wouldn't want to get overly carried away or be dismissive of the remaining cyclical and structural challenges out there, but recent data have definitely taken a turn for the better in the UK and euro area and, of course, it has been that way in Japan …

The real estate mogul was previously linked to Kate Hudson and another model, Molly Sims. Macpherson now joins a long list of names in the 'billionaire brides' club. Here are 15 other famous women who married or dated some of the world's richest men.

Billionaires breathe new life into newspapers. To view this site, you need to have Flash Player 9.0.115 or later installed. Click here to get the latest Flash player. August 6, 2013, 8:02 pm. SHARE THIS POST …

Or maybe it's just when you've been on holiday in the Caribbean 1,500 times and have all the Moet you can drink you're looking for something a little more unusual to spend your money on. Here are some of the more wacky endeavours our favourite moguls …

Oprah gets apology for racist incident; apologies to non-billionaires still pending. By Robyn Pennacchia 1 min ago. Oprah Winfrey, one of the richest ladies in the whole entire world, found herself the victim of racism when a sales associate in a store …

More self-made legionnaires now banned in the early 1980s. this is according to a study by steven kaplan and joshua — who found the share of american billionaires who are the first generation to run their businesses is up dramatically. 69% in 2011 …

Moneylife brings you the first-ever detailed analysis of this financial service. Portfolio management services (PMSs) have a strange lure. Run mostly by … The smart-affluent deserve their money to be … To continue reading this article, you must be …