Janet Napolitano: Homeland Security, Economic Security Go 'Hand-In-Hand'

WASHINGTON -- A top administration official on Monday signaled that the focus of homeland security in 2012 would shift in emphasis to business and the economy.

Romney Seen Costing Private Equity as Pensions Warn of Backlash

Jan. 27 (Bloomberg) -- Mitt Romney’s campaign for the Republican presidential nomination may be costing his private- equity backers a lot more than they bargained for.

Global economy to shrink further in 2012: Survey

Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC’s 15th Annual Global CEO Survey. Just 15% said the global economy will improve during 2012.

Obama pitches economic message in swing states

WASHINGTON (AP) — President Barack Obama embarks Wednesday on a three-day tour of politically crucial states in a post-State of the Union journey to sell his 2012 economic policy goals while pitching his presidency to a divided public.

IMF predicts European recession will slow global economy

A recession in Europe will slow the global economy this year, the International Monetary Fund predicted Tuesday, while urging world leaders to focus on growth more than budget cuts.The IMF forecasts global growth of 3.25 percent this year, slower than the 4 percent pace it projected in September.

Fukushima nuclear crisis and the legacy of the Amakudari system

The ongoing crisis within the nuclear sector in Japan can be pinned on the relationship between the political bureaucracy and its love-in relationship with electricity suppliers.

Oil falls on economic, demand concerns

NEW YORK (Reuters) - Oil prices fell on Friday, pressured by economic uncertainty ahead of a possible debt deal in Greece, concerns about China's sluggish manufacturing sector and weak U.S. petroleum demand.

Suspicion grows China behind hacking of US commission emails

WASHINGTON/BEIJING: Suspicion is growing that operatives in China, rather than India, were behind the hacking of emails of an official US commission that monitors relations between the United States and China, US officials said.

China has multiple choices to avoid hard landing risk

BEIJING: China faces what could be its worst year of growth in a decade with policy firepower that developed nations can only dream of.

Lazard gets five weeks to find Royal Bank of Scotland's buyers

LONDON: Lazard, the largest non-bank merger advisor, has been given five weeks to find a buyer for all or parts of Royal Bank of Scotland Group's (RBS) equities and advisory operations before managers start firing employees, according to three executives at the bank.

The Next Immigration Challenge

THE immigration crisis that has roiled American politics for decades has faded into history. Illegal immigration is shrinking to a trickle, if that, and will likely never return to the peak levels of 2000. Just as important, immigrants who arrived in the 1990s and settled here are assimilating in remarkable and unexpected ways.

France can overcome crisis with reforms: Sarkozy

AMBOISE, France (Reuters) - President Nicolas Sarkozy said on Sunday France could overcome its debt crisis as long as it was prepared to pull together to adopt economic reforms, two days after the country lost its prized triple-A credit rating.

France goes soft-core

FRIDAY, January 13th, proved unlucky for nine euro-zone countries: they had their credit ratings cut by Standard and Poor’s (S&P) soon after the American markets closed for the week.

'US should negotiate investment treaties with China, India'

WASHINGTON: The US needs to negotiate more bilateral investment treaties with India and China if it wants to be competitive in the global market, the US Chamber of Commerce has said.

Fed officials signal more action may be needed

VANCOUVER, Wash/WOOSTER, Ohio (Reuters) - Federal Reserve officials on Tuesday signaled more help for the U.S. economy may be necessary despite recent data that suggested the recovery was picking up steam going into 2012.

U.S. debt is now equal to economy

WASHINGTON – The soaring national debt has reached a symbolic tipping point: It's now as big as the entire U.S. economy.

Canadian Confidence in Economy Rises From Two-Year Low, Nanos Poll Shows

Canadian consumer confidence rose in the fourth quarter from a two-year low on optimism about real estate prices and the global economy according to a Nanos Research poll.

US wants India to serve as ‘economic anchor’ in Asia

WASHINGTON: With a long term strategic partnership with India, the US wants to support its ability to serve as an “economic anchor” in the Asia Pacific region where it is already driving economic development along with another giant China, a top US commander has said.

Obama gives pep talk to consumer bureau

WASHINGTON (CNNMoney) -- President Obama gave a pep talk Friday to the staff of the Consumer Financial Protection Bureau -- including the new director he controversially appointed this week.

Banking sector stress to affect construction equipment, commercial vehicle sectors: Fitch

MUMBAI: The stress in banking sector will spread to structured finances this year, and asset-backed securities of commercial vehicles and construction equipment will be among the worst hit, Fitch has said.

Manufacturing grows at fastest pace in 6 months

WASHINGTON (AP) — Manufacturing grew in December at the fastest pace in six months and hiring at U.S. factories picked up. The data helped bolster the view that the economy gained momentum at the end of last year.

Global Growth Slows to 3.9% as O’Neill Sees Aging Labor in BRICs

Jan. 3 (Bloomberg) -- A year ago, Catherine Liu employed more than 2,000 people at her five Shanghai luggage-making factories. Now, as the dwindling supply of low-paid young workers forces wages and costs higher, she has 1,200 left.

Nigerian anger heats up as petrol prices rocket

ABUJA (Reuters) - Nigerian motorists and unions vented their anger on Monday at a sudden more than doubling of fuel prices, a day after government subsidies were removed in a sweeping economic reform that could trigger mass protests.

Big events will boost UK in 2012: Cameron

British Prime Minister David Cameron pledged on Monday to use the Olympics and celebrations marking 60 years of the queen's reign in 2012 to return Britain to strength despite continuing economic gloom.