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China Boosts 2013 GDP Statistics

China announced Friday that world’s second largest economy was 3.4% larger than previously thought last year—chiefly due to a more accurate counting of services and their impact on economic [...]

Two Fed Dissenters Air Opposing Views

The presidents of the Minneapolis and Philadelphia regional Fed banks both dissented for different reasons at the central bank’s policy meeting Wednesday and on Friday elaborated on their dovish and hawkish [...]

Putin Strikes Harsh Tone With West

Vladimir Putin said Russia’s economic troubles will pass in no more than two years, and accused the West of seeking to subdue and disarm the [...]

For Cuba, Few See Rapid Change, Especially in Economy

The U.S. moves will provide badly needed economic relief, but larger improvements will be gradual and political developments may take even longer. [...]

Oil Plunge Brings Jitters to Texas City

Corpus Christi has ridden a rocket of a rebirth in recent years, propelled by a more than 30-fold increase in oil production at the nearby Eagle Ford Shale. But lower oil prices are taking a [...]

Dollar Gains Against Major Currencies

The dollar rose against other major currencies Thursday, as investors were encouraged by the Federal Reserve’s latest [...]

Fed Sets Stage for Rate Hikes

The Federal Reserve took a delicate step toward raising short-term interest rates in 2015, but at the same time exposed its skittishness about signaling a historic move away from easy-money [...]

Ruble Volatile Despite Intervention

The ruble strengthened in afternoon trading after Russia’s central bank announced measures to shore up the country’s banks following another volatile day for the [...]

Plunging Ruble Poses Test for Putin

The plunging ruble, driven by sanctions and dropping oil prices, is reawakening fears of the kind of financial crises Russian President Vladimir Putin has sought to put behind his [...]

Ukraine Aims to Pass Budget Cuts, Reforms

Ukraine’s government will pass fresh budget cuts and economic overhauls in the coming weeks in a bid to secure a broad new package of international assistance, the country’s new finance minister said. [...]

Home-Builder Confidence Declines

A gauge of home-builder sentiment ticked down this month, the latest mixed signal for the U.S. housing [...]

Home Building Faltered in November, but Broader Trends Point Up

Housing starts fell 1.6% in November, the latest sign of an uneven housing [...]

China to Revise GDP

The revision of China’s 2013 GDP could push up the date when the size of China’s economy officially surpasses the U.S. [...]

Russia Moves to Help Lift Sinking Ruble

A spiraling currency crisis, fueled by the bite of Western sanctions and the plummeting price of oil, spurred Russia’s central bank to raise interest rates late Monday, a drastic move aimed at shoring up the collapsing ruble. [...]

China Manufacturing Weakens

An initial measure of China’s factory activity slumped to a seven-month low in December, pointing to a sluggish performance for the world’s second-largest economy in the last quarter of the [...]

U.S. Industrial Production Surpasses Prerecession Peak

U.S. manufacturing output climbed past its prerecession peak this fall, suggesting the American economy is on solid footing despite growing signs of weakness [...]

Budget Clears Funds for Manufacturing Research

The budget bill passed by the Senate on Saturday night contains a scaled-down version of one of President Barack Obama’s pet projects: authorization to create a network of research institutes charged with developing manufacturing [...]

Fed Likely to Stare Down Oil-Price Drop

The Outlook: Federal Reserve officials are poised to stare down another oil-price shock, judging that the boost to consumer spending will be more important to their policy than the decline in [...]

Offshoring Outpaces ‘Reshoring’

The U.S. has continued to grow more reliant on imports from China and other Asian countries despite a much-discussed trend toward ‘reshoring’ of manufacturing, a new study [...]

Home-Builder Sentiment Diverges From Reality

Ahead of the Tape: Home builders are smiling like it is the 2005 boom. They are building like it is the 2008 [...]

China Growth Could Slow to 7.1%, Researchers Say

China’s economy could see growth slow to 7.1% next year from about 7.4% this year as a domestic-property slump weighs on the world’s second-largest economy, researchers from the nation’s central bank said. [...]

IMF Team to Return to Ukraine in Early 2015

The IMF said its team is expected to return to Ukraine early 2015 to conduct policy discussions, but it wasn’t clear if the country would have to wait until January to get much-needed [...]

How Do We Spend Energy Savings? On More Energy

Energy use in U.S. homes has hovered at the same level for three decades despite efforts to reduce consumption—in part because we chug savings generated by energy-efficient homes and [...]

Government Bond Yields Tumble in U.S., Germany, U.K.

Investors piled into government bonds in the U.S., Germany and the U.K. Friday as continued selling in crude oil and disappointing data out of China added to anxiety over the global [...]

China Faces Headwinds As It Tries to Prop Up Growth

China’s state-run banks stepped up lending as Beijing sought to prop up growth, but new data pointed to further signs of weakness in the world’s second-largest economy. [...]

South Africa Faces Credit Scrutiny

South Africa faces bleak new assessments of its ability to repay its national debt later Friday as the risk of widespread electrical blackouts threaten to hobble an economy already falling behind the rapid growth of many poorer countries on the [...]

Weak Ruble Keeps Russians at Home

The ruble’s plunge is upending the lives of many in Russia’s middle class, which in recent years has gotten used to vacations abroad and Western products from gadgets to [...]

U.S. Producer Prices Fall in November

A gauge of U.S. inflation fell last month, reflecting a sharp drop in energy costs and little price pressure elsewhere in the [...]

Australia, Canada House Prices Beat U.S., U.K.

House prices in Australia and Canada have outperformed those in the U.S. and U.K. over the last 10 years, according to a study by Toronto-based rating agency [...]

U.S. Retail Sales Post Biggest Gain in Eight Months

U.S. retail sales climbed 0.7% in November from a month earlier, as Americans stepped up their shopping amid lower gasoline prices and brisk job [...]

Americans’ Debt Levels Off

U.S. families’ debt burdens have settled at their lowest level in over a decade, putting the economy on a stronger footing relative to global rivals going into [...]

Economists See Stronger Growth in 2015

WSJ Survey: The U.S. economy is poised for stronger growth in 2015 thanks to falling gas prices, a tighter job market and expectations of larger wage gains. But similar enthusiasm a year ago, about 2014, wasn’t matched by reality. [...]

U.S. Import Prices Drop

Prices of imported goods posted their biggest drop in nearly two and a half years in November, more evidence that falling oil prices, slow growth abroad and a strong dollar are holding down inflation in the [...]

Jobless Claims Fall

The number of Americans filing for first-time jobless benefits fell last week, more evidence of an improving labor [...]

London’s Growth Further Outstrips Rest of U.K.

The economic gap between the capital and the rest of the country, already a political concern, has widened since the [...]

France’s Plan to Spur Moribund Economy Draws Fire

The French government moved to energize the country’s stagnant economy, as Socialist President François Hollande seeks to draw a line under the poor economic results of the first half of his [...]

How Cheaper Oil Affects Factories

Manufacturers who consume lots of oil and derivative products are saving big money while equipment and product suppliers to the energy industry are gearing up for a slowdown next year. [...]

Iceland Considering Unfreezing Assets of Three Failed Banks

Iceland’s government signaled this week it is closing in on a plan to unfreeze the assets of three failed banks for creditors owed tens of billions of [...]

Japan Machinery Orders Fall

The first fall in Japanese core machinery orders in five months suggests capital spending could be set to weaken as Japan struggles to recover from an April sales tax increase that pushed the economy into [...]

Oil Prices Keep Falling

Oil prices took another tumble on Wednesday to fresh five-year lows on signs that the global supply glut driving the selloff is [...]

Bank of Canada Says Housing Market as Much as 30% Overvalued

Canada’s central bank said the country’s housing market is as much as 30% overvalued and pushing higher, posing the most serious risk to domestic financial [...]

German Finance Minister: Greece in Much Better Economic Situation Now

German Finance Minister Wolfgang Schäuble said Wednesday Greece is in a much better economic situation than years ago as efforts made since its bailouts are paying [...]

Falling Gas Prices Redefine Pay at Pump

American workers have been waiting years for a big raise. That bump is finally coming—at the gas pump. And retailers are hoping for a spending boost as the average household could save $380 over the coming [...]

Brazil to Revise Economic Plan

Brazilian officials are pushing conservative policies that President Dilma Rousseff recently criticized as a threat to the poor, amid investors’ calls to shore up her government’s credibility and avoid a credit-rating [...]

U.S. Budget Deficit Narrows

The U.S. budget deficit narrowed sharply in November, helped by a shift in timing of benefit payments. The federal government’s deficit for October and November totaled $178.53 billion, down 21% from the same period a year [...]

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