Economy & Business

2013 edition of Global Development Horizons report sees large investment growth in developing world.

Audio Developing World Investment to Rise

World Bank report says global stock of capital to sharply increase More

A Bangladeshi rescuer stands amid the rubble of a garment factory building that collapsed on April 24 as they continue searching for bodies in Savar, near Dhaka, Bangladesh, May 12, 2013.

Can Worker Safety Momentum in Bangladesh Last?

Some advocates concerned that efforts to improve working conditions will fade as tragedy moves out of news spotlight More

An investor monitors the stock market at a securities brokerage in Taipei, Apr. 16, 2013.

Opinion: Washington's Scandals Won't Stunt US Recovery

Obama administration, its allies are right to be worried, but those who invested in US growth have little reason to fretMore

People work on machines at a clothing factory at an industrial town of Newcastle, 260 km (162 miles) southeast of Johannesburg, May 8, 2013.

The Cost of No Sweatshops: S. Africa Struggles Not to Be Bangladesh

Decades after end of white rule, Africa's biggest economy still has millions of unskilled workers, many living on less than $5 a day More

A woman walks out of the Internal Revenue Service building in New York, May 13, 2013.

What Determines Tax Status of IRS Targeted Groups?

Under US law, certain charitable, religious, educational and cultural organizations are tax exempt More


More Economy & Business News

Google Launches Streaming Music Service Ahead of Apple

Amazon, Apple reportedly working on streaming music
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Video European Recession Now Longer Than 2008 Financial Crisis

Nine Eurozone countries are now in recession
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Kaspersky Plans Increased Sales to US Government

Russian company has struggled to make inroads with US government, one of world's largest buyers of technology products
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UNICEF: Africa's Child Malnutrition Costs $25 Billion Annually

UNICEF estimates that even modest investments in combating chronic malnutrition among children can yield stunning returns
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Fighting for Space: Kenya Faces Devolution Challenges

Nationwide power play between local, central governments causes chaos, confusion amid redistribution of wealth to newly-created 47 counties
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Congress Debates Subsidies for US Farmers

US lawmakers expected to cut $20 to $40 billion from Farm Bill
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Germany Can't Stop Eurozone From Sinking Into Longest Recession

Falling output across the bloc meant the 17-nation economy is in its longest recession since records began in 1995
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Study: Resource Governance Opaque in Most Countries

Revenue Watch Institute says lives of more than a billion citizens would be transformed if governments managed natural resources better
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Video European Recession Now Longer Than 2008 Financial Crisis

The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March. The new data means the 17-nation currency bloc has now been in recession for six consecutive quarters - longer even than the deep recession that followed the global financial crisis of 2008. Mil Arcega has more.

World Currencies

EUR
USD
0.7661
JPY
USD
99.249
GBP
USD
0.6510
CAD
USD
1.0118
INR
USD
54.524

Rates may not be current.