WSJ.com: Economy
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Gold Jumps to Record High
Gold surged to a fresh record high as investors sought insurance against a sliding dollar and the risk of inflationary bubbles in other assets.
Homeowners Weigh Staying or Leaving
Americans who are "underwater" on mortgages face a dilemma: Keep making payments and hope for the best -- or walk away and accept the blemish of a foreclosure on their credit record.
Existing-Home Sales Jump 10.1%
Home resales jumped 10.1% in October, rising far more than expected as a fat tax credit offset fears about joblessness.
IMF Director: Uncertainty Fuels Risk-Taking
IMF Managing Director Dominique Strauss-Kahn warned that uncertainty over the future regulatory environment was creating perverse incentives.
Euro-Zone Private Sector Expands
Private-sector activity cross the 16-nation euro zone grew at the fastest pace in two years in November, data showed.
Taiwan's Exports Increase
Taiwan's export orders grew for the first time in 13 months in October, while rising demand for a wide array of electronics products helped to ease unemployment.
Cameron: BOE Should Steer Regulation
The U.K. Conservative Party leader said he believes it would make sense for the Bank of England to take control of macroprudential regulation.
OECD Exits Recession Amid Warnings
The world's developed economies emerged from recession in the third quarter, but IMF chief Dominique Strauss-Kahn said further stimulus is needed before governments can let down their guard.
OECD Economies Post Growth
The world's developed economies emerged from recession in the third quarter, as their combined GDP grew for the first time since the first quarter of 2008.
Thai Economy Improves
Thailand's economy showed a modest growth in the third quarter as economic conditions at home and overseas slowly recovered.
States Hit by Drop in Tax Collections
Tax collections tumbled 11% across 44 states in the third quarter, suggesting that government revenue will remain depressed long after the economy has recovered from recession.
Scholarship Funding Divides Michigan
Michigan Gov. Jennifer Granholm has launched a bid to salvage a $100 million college-scholarship program that she sees as critical to diversifying her state's flagging economy.
White House Weighs Jobs, Deficit
The White House is lukewarm about proposals by Democrats to introduce legislation to create jobs, instead favoring targeted measures that would be less likely to inflate the deficit.
Census Hiring Boosts Job Market
The job market will receive a fleeting jolt next year when the U.S. Census Bureau hires more than one million workers for its 2010 count.
Most States See Higher Jobless Rates
Unemployment rose in 29 states in the U.S. during October, hinting the threat posed by weak labor markets might be growing.
Hungary Cuts Interest Rates
The Hungarian central bank cut the base rate on two-week bills for commercial banks to 6.5% from 7%, in line with analysts' expectations.
Recession Isn't Only Burden That Germany Needs to Shed
The news that the recession is over might be the least important development in the German economy in recent months.
Congress Wants Tighter Oversight of Fed
Many Democrats and Republicans praise Bernanke, but some say the financial crisis requires an overhaul of the Fed's responsibilities and tighter congressional oversight.
Weak Power Demand Dims Outlook
Electricity sales remained weak in the third quarter, prompting speculation that the sluggishness could persist even after the U.S. economy rebounds.
Economy Expands in Mexico
Mexico's economy expanded for the first time in a year during the third quarter, growing 2.93% from the second quarter, official data showed Friday.
ECB Takes Step Toward Crisis Exit
The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.
New Jobless Claims Flat at 505,000
The number of U.S. workers filing new claims for jobless benefits last week remained unchanged at 505,000. Leading indicators edged up last month.
Deflation's Return Weighs on Japan
The Bank of Japan faces mounting pressure to loosen its policy as deflation tightens its grip on the nation's economy.
