Economy News

WASHINGTON - President Barack Obama is pitching a trio of economic proposals Wednesday in an effort to show the public he's taking action to spur economic growth. Full Story »

TOKYO - Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident in the economic recovery. Full Story »

BERLIN - Official data show that German exports dipped by 1.5 percent in July compared with the previous month but were still up a strong 18.7 over the same month last year. Full Story »

TOKYO (Reuters) - Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency's strength could threaten the economic recovery. Full Story »

WASHINGTON (Reuters) - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs. Full Story »

BEIJING (Reuters) - China and the United States said on Wednesday that their sometimes rocky relationship is sounder after talks in Beijing, with both putting an optimistic face on ties that have been jolted by economic and security tensions. Full Story »

Senate Majority Leader Harry Reid knows who's to blame for the sickly economy. And it's not him. Full Story »

WASHINGTON (AFP) - The United States said Tuesday it has requested 50,000 dollars in emergency aid for flood-hit Guatemala and reprogrammed another 4.38 million dollars in economic aid for recovery efforts. Full Story »

NO QUICK CURE: Even if they were enacted soon, President Barack Obama's proposed tax breaks for businesses would hardly be a fast fix to bolster hiring or the economy, analysts say. Full Story »

WASHINGTON - Interest rates on short-term Treasury bills fell in Tuesday's auction to the lowest levels since late June. Full Story »

A look at economic developments and activity in major stock markets around the world Tuesday: Full Story »

WASHINGTON - Even if they were enacted soon, President Barack Obama's proposed tax breaks for businesses would hardly be a quick fix to rejuvenate hiring or the economy, analysts say. Full Story »

WASHINGTON - Their control of the House in peril, Democrats are playing defense all across the country. Disgruntled voters, a sluggish economy and vanishing enthusiasm for President Barack Obama have put 75 seats or more - the vast majority held by Democrats - at risk of changing hands. Full Story »

SEEKING SAFETY: Gold settled at a record high Tuesday as more worries resurfaced about European banks and the global economy. Full Story »

Gold prices settled at a record high Tuesday following renewed worries about European banks and the global economy. Full Story »

NEW MOVES TO AID ECONOMY: President Barack Obama will call on Congress to pass new tax breaks for businesses, a move aimed at spurring more economic growth and job creation. Full Story »

WASHINGTON (Reuters) - Tax cuts should be extended for all Americans to help spur the economy, but even the middle-class cuts should end in two years, former U.S. budget director Peter Orszag said on Tuesday. Full Story »

WASHINGTON (Reuters) - Republicans in Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away. Full Story »