Goldman Says Olympics a Two-Month Economic Drag: Chart of Day

China's economy will be slowed instead of stimulated the next two months by the Beijing Olympic Games and Paralympics, according to Goldman Sachs Group […]

U.S. Economy: Productivity Increases as Firms Reduce Employment

Worker productivity in the U.S. grew in the second quarter as employers trimmed payrolls to weather the economic slump.
Productivity, a measure of employee […]

Japan Economy Probably Contracted, Bringing a Recession Closer

Japan's economy probably contracted last quarter, bringing the country to the brink of its first recession in six years, as exports fell and consumers […]

U.S. Economy: Inflation Erodes Buying Power, Tax-Rebate Effects

The biggest increase in prices in almost three years eroded consumers' buying power, reinforcing speculation the Federal Reserve won't raise interest rates in the […]

U.S. Economy: Jobless Rate Rises to Four-Year High

The U.S. unemployment rate rose to the highest level in more than four years as employers cut jobs again in July, increasing the threat […]

China Manufacturing Shrinks for First Time on Record

Manufacturing in China contracted for the first time since a survey began in 2005 as export demand faltered and factories closed to clear the […]