Has China's economy hit a dead end?


China's disappointing economic growth that came in at 7.7 percent in the first quarter, when the market was expecting an expansion of 8 percent, is leading to a loss of confidence in the outlook for the world's second largest economy.

Dutch recall 2 years' of 'beef' exports that may have contained horse


Dutch authorities have a bit of an awkward announcement to make: 50,000 tons of Dutch meat sold as beef across Europe might contain horse meat.

Can China turn 'economy on steroids' into real growth?


China is due to release its first quarter growth figures next week and expectations are high that they will confirm economic recovery in the world's most populous nation is on track. But how sustainable is this stimulus-backed rebound clouded by elevated debt levels and a bubbly property market?

Walmart's new strategy for tapping the Millennial market


Walmart is opening small versions of its mega-stores on college campuses.

Alcoa begins US earnings season


First-quarter earnings season kicks off today after the closing bell with the release of global aluminum giant Alcoa's quarterly financial results.

Chinese government offers bonus for burials at sea


Land prices in China have reached such heights that some cities are using financial incentives to encourage families to bury their loved ones at sea, William Wan of the Washington Post reports.

New York fast-food workers strike for higher wages


NEW YORK – Workers at McDonald’s, Burger King, Pizza Hut and other fast-food restaurants in New York City are walking off the job today to protest low wages.

Euro zone unemployment reaches a record 12 percent high


BRUSSELS, Belgium — Unemployment across the 17 countries that use the euro reached a record high of 12 percent in January and February, the European Union’s statistics office announced.