IMF to Cut 2013 U.S. Growth Forecast: Report

The International Monetary Fund (IMF) is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF's next ...

EU Gives Cyprus Bailout Ultimatum, Risks Euro Exit

The European Union gave Cyprus until Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro ...

Fed Holds Firm To Stimulus Plan

The Federal Reserve on Wednesday pressed forward with its aggressive efforts to stimulate the U.S. economy, saying it would take into account risks posed by its policies but also how much work still ...