Shadow banking looms over China as economy struggles

China's slowing economic growth is putting the spotlight on the quality of loans - both within the country's official banking sector and beyond.

Economy ends tough 2011 on a surprising upswing

WASHINGTON—The economy is ending 2011 on a roll.The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed housing industry may be under way. Gas is cheaper. Factories are busier. Stocks are higher.