December 30, 2011

Global economic crisis hits China's exporters

Wedding dress maker Wang Lujia earns a living making brides happy, but the global economic crisis is casting a chill over her small business in southern China.

December 29, 2011

Banks boost lending as economy slowly warms up

After three years of Scrooge-like underwriting following 2008's financial crisis, banks have turned on the spigot, boosting lending at annual rates as high as 8.2% since July, according to Federal Reserve statistics.

December 28, 2011

Dollar Index Holds Loss Before Confidence, Manufacturing Reports

Dec. 27 (Bloomberg) -- The Dollar Index held losses from last week before U.S. data forecast to show consumer confidence rose to the most since July and regional manufacturing gauges increased, reducing demand for haven assets.

December 27, 2011

Spain economy shrinks, outlook bleak: minister

Spain's economy will shrink in the last quarter and faces a bleak outlook for the coming months, its new economy minister warned Monday, heightening fears of a fresh recession.

December 26, 2011

Euro's woes may lead to bargain imports

As the financial crisis worsens in Europe and the euro continues to lose value against the dollar, Nashville could soon see more bargain prices on products such as Italian olive oil, French wine and cheese or even German luxury cars.