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The euro-region economy will return to growth in 2013 with only Spain among its 17 members remaining in recession, the European Commission said.
Gross domestic product will rise 1 percent in 2013 after declining 0.3 percent in 2012, the commission said today. While Greece will have the deepest slump this year, with GDP declining 4.7 […]

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April’s jobs report was, in a word, disappointing. The economy added only 115,000 jobs. Hiring slowed. More than 340,000 workers dropped out of the labor force.
April’s report, which follows lackluster numbers for March, is particularly bad news for President Obama’s campaign staff in Chicago.
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NEW YORK • U.S. newspapers reported a slight increase in circulation over the past year as more readers purchased digital subscriptions, according to a media industry group. Average daily circulation in the six months that ended on March 31, rose nearly 1 percent for the 618 newspapers that participated in the Audit Bureau of Circulations […]

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At first blush, it may not seem like an honor to be called the best city for cheapskates.
But upon further reflection, St. Louis’ clinching of the top spot in Kiplinger.com’s list of top 10 cities for cheapskates may just be something to brag about.
After all, the website came up with the list by comparing a […]

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Bank of England Governor Mervyn King has 10 days left to make up his mind on whether he can risk halting stimulus for an economy trying to shake off a recession.
Reports starting tomorrow on manufacturing, construction and services, as well as consumer credit and house prices, will set the scene for data crunching by […]

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Consumer confidence in the U.S. dropped last week by the most in more than a year as perceptions of personal finances and the buying climate dimmed.
The Bloomberg Consumer Comfort Index fell to minus 35.8 in the period to April 22 from minus 31.4 the previous week, the biggest decline since March 2011. A gauge […]

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The Federal Reserve has given the public increasingly more information about its work and its thinking. More doesn’t always mean more revealing.
Investors aren’t expected to learn much from the Fed’s latest policy statement Wednesday or from its updated economic forecasts or from Chairman Ben Bernanke’s quarterly news conference.
Most economists think all that information will confirm […]

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Patriot Coal Corp. annnounced today that it will idle production at its Freedom underground mine in an effort to deal with falling coal demand from utility companies.
The mine, located near Henderson, Ky., produced 1.2 million tons of thermal coal in 2011.
“Thermal coal markets remain weak as a result of the mild winter, coupled with low […]

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A new app hit the iTunes store Friday morning that your carrier probably isn’t too thrilled about.
It’s called CarrierCompare. Developed by Boston-based startup SwayMarkets, it allows you to see which carrier offers the best service for your iPhone in any given location.

The crowd-sourced app is simple to use. After you touch the start screen, […]

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President Barack Obama’s healthcare law could sharply exceed its cost-savings targets and add up to $530 billion to the federal budget deficit, a leading authority on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security entitlement […]

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