The NFEC Warns: 2012 May Bring New Global Economic Concerns, which Adds Additional Reasons to Teach Money Management Lessons to Kids

The National Financial Educators Council encourages communities to teach money management lessons to proactively address the global economic crisis.

Consumer confidence index surges in December

NEW YORK – Americans are gaining faith that the economy is on the upswing. The monthly Consumer Confidence Index surged to the highest level since April and is approaching a post-recession peak.

Economy expected to pick up, but still vulnerable

WASHINGTON — The U.S. economy will grow faster in 2012 — if it isn’t knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists.

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.

Oil price near $100 on global security concerns

NEW YORK (AP) — Oil prices rose above $100 a barrel Friday as worries over global security issues outweighed weak economic data in the U.S.

Hungary borrowing costs rise on junk downgrade

The implied cost of borrowing for Hungary has risen after ratings agency Standard & Poor's (S&P) downgraded the country's debt to junk status.

BOJ warns of economic standstill as exports slump

TOKYO (Reuters) - Japan's central bank offered a bleaker view of the economy and the government warned of worsening business sentiment as exports slumped, adding to evidence of the pain Europe's debt crisis is inflicting on global growth and Japan's recovery prospects.