Euro Stocks, US Futures Rise, Asia Dips

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• World Economy May Dodge US Downturn

  Jan 30, 08 3:01 AM CST
  The world economy will still catch a cold when America sneezes, but it won't be as bad as it would have been 5-10 years ago, the Washington Post reports. The International Monetary Fund predicts a 2008 global growth forecast of 4.1%—down from 4.9% last year—largely because of an expectation of a  US downturn. The impact could have been far worse, but American economic dominance has been diluted, leaving other economies better able to weather a US recession. More »

• Investors Might Reap Rewards of Dollar's Slide

  Sep 15, 07 5:58 PM CDT
  The dollar may be continuing its slow, steady decline against the euro, but many analysts are looking on the bright side, Business Week reports. American stocks, companies, investors, and workers can all benefit from the decreasing value of their currency, economists say, with one calling the dollar’s decline “something to cheer about.” More »

• Asian Markets Stumble on Political News

  Sep 4, 07 6:46 AM CDT
  In the wake of the Japanese agriculture minister's resignation, Asian markets stumbled today ahead of uncertain US economic data. For a change, analysts didn't point to the subprime crisis to account for the Nikkei's 0.5% slide: "After all, investors have got used to news on subprime issues," one equities trader told Reuters. More »

• European Markets Continue to Skid

  Aug 17, 07 5:45 AM CDT
  Financial markets across Europe were off again in midmorning trading. In London, the FTSE opened slightly higher and then suffered new losses as UK traders continued to reel from yesterday's steep fall-off, the exchange's most calamitous one-day drop in years. At mid-morning the index was down 0.2% and markets in France and Germany experienced similar losses. More »