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The US economy is growing steadily with little sign of change of pace, but businesses are generally more optimistic about the future, according to the Federal Reserve's newest Beige Book report Wednesday.  The survey of regional economies reiterated the "modest to moderate" description of activity

Last week I wrote an article for this website titled Young Americans Hate Cash. It was based on a study by CreditCards.com. This week I got an e-mail from John Williams, president of the Federal Reserve Bank of San Francisco, with the subject line: Do “Young Americans Hate Cash”? His e-mail pointed

The ECB has run out of ways to help the eurozone, and only governments can spur growth, says the German finance minister, Wolfgang Schäuble. Photograph: Horacio Villalobos/Corbis   The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can

Revisions and improvements to the way UK output is measured show an uptick in its historic performance. The Office for National Statistics (ONS) said gross domestic product (GDP) shrank by as much as 6% in the depths of the recession, lower than the previous "peak-to-trough" estimate of 7.2%. The

Traders work on the floor of the New York Stock Exchange September 2, 2014. U.S. stocks rose on Wednesday, with the S&P 500 touching a new record high on optimism a resolution would be reached between Ukraine and Russia and data showing manufacturing activity continues to strengthen. Ukraine