Gross Domestic Product

(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...

TOKYO (AP) — Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise....

By John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....

By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that - and provide another leg...

TOKYO (Reuters) - Japan's economy expanded at a rapid clip at the start of the year, the first hard evidence that Prime Minister Shinzo Abe's sweeping stimulus is beginning to rouse consumers and businesses into action even as risks loomed in the horizon....

TOKYO (Reuters) - Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister Shinzo Abe's aggressive monetary and fiscal...

ROME (Reuters) - Italy's economy shrank by more than expected in the first quarter, extending the country's recession to seven straight quarters and making it the longest since quarterly records began in 1970. Gross domestic product fell 0.5 percent...

WASHINGTON (Reuters) - The deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said on Tuesday in a report that could sap Congress' sense of urgency to find further budget savings. In one fell swoop,...

* Euro breaks below $1.29 after weak German data * Weak euro zone data fuels interest rate cut hopes * Dollar rises through 102.50 yen briefly * European shares stall on GDP but soon resume climb By Richard Hubbard LONDON, May 15 (Reuters) - The euro hit...

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

MEXICO CITY, May 14 (Reuters) - Latin American countries do not tax the rich enough, offer too many tax breaks and fail to punish rampant tax evasion, meaning they are unable to raise enough revenue to properly combat poverty and boost development, the...

MEXICO CITY (Reuters) - Latin American countries do not tax the rich enough, offer too many tax breaks and fail to punish rampant tax evasion, meaning they are unable to raise enough revenue to properly combat poverty and boost development, the Inter-...