May 23, 2013 21:32 UTC

Business

Corruption in Asia Slows Economic Growth

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03/05/2013
Asian corruption removes billions of dollars from economic development, causing public anger in some places. More

EU Agrees to $1.3 Trillion Budget

The budget for 2014 to 2020 includes cuts in total spending for the first time.

International Labor Organization Predicts Higher Unemployment

The International Labor Organization says nearly 200 million people are without jobs.

World Bank Makes Predictions for Global Economy

The World Bank released its Global Economic Prospects report this week.

World Economic Forum Rates Global Risks for 2013

Economic weakness and environmental crises were rated the top risks.

US Congress Avoids Fiscal Cliff, Postpones Budget Decision

Lawmakers agreed on raising taxes for high-earners, but delayed required budget cuts until March first | ECONOMICS REPORT

A Look Back at Economic News of 2012

Joblessness fell during the year and home prices strengthened, but many remain unsatisfied with growth rate | ECONOMICS REPORT

E-Commerce Challenges Traditional Stores

UPS and FedEx are happy as online shopping grows to record levels | ECONOMICS REPORT

Anti-Corruption Group Says Abuse of Power Still ‘Very High’ in Many Countries

Transparency International releases its Corruption Perception Index for 2012 | ECONOMICS REPORT

‘Patriotic Millionaires’ Say Their Taxes Are Too Low

Some wealthy Americans are asking lawmakers to raise their taxes to help reduce the deficit | ECONOMICS REPORT

Ethiopia Permits Mobile Banking and Money Services

The country is one of the last to permit the financial service in Africa | ECONOMICS REPORT

Can You Think and Grow Rich? A Famous Book Says, 'Yes'

Publisher creates illustrated version of a book that has sold millions of copies around the world | ECONOMICS REPORT

Nobel Prize in Economics Recognizes 'Market Designers'

The work of Alvin Roth and Lloyd Shapley helped design markets where money does not change hands | ECONOMICS REPORT

The IMF Details Concerns About Zimbabwe's Debt

The International Monetary Fund says the country must deal with its $10.7 billion debt and increase agricultural production | ECONOMICS

Ethinic Violence in Kenya Raises Concerns Among Investors

A study of business leaders shows falling confidence in Kenya's economy as election nears | ECONOMICS REPORT

Uneven Signs of Growth in the Transport Industry

The industry is a good measure of economic growth, but it remains tough to see the road ahead | ECONOMICS REPORT

Surviving a Drought: A Farmer's Old-Fashioned Lessons

Read, listen and learn English with this story. Double-click on any word to find the definition in the Merriam-Webster Learner's Dictionary.

US Postal Service Wants Congress to Make Changes to Its Business Model

USPS expects a $15 billion loss for the year unless Congress acts | ECONOMICS REPORT

Burma Places Hopes for Development in Foreign Investment

Read, listen and learn English with this story. Double-click on any word to find the definition in the Merriam-Webster Learner's Dictionary.

British Bank Pays $340 Million Fine for Iran Dealings

Officials say Standard Chartered carried out 60,000 financial exchanges worth $250 billion over 10 years | ECONOMICS REPORT