A woman walking in Bryant Park in New York. The US economy revived in the second quarter after a tepid start to the year, boosted by increased consumer spending and exports

US economic growth accelerated in the second quarter as solid consumer spending offset the drag from weak business spending on equipment, suggesting a(...)

Janet Yellen, chairwoman of the US Federal Reserve, speaks during her semiannual report on the economy.

The US Federal Reserve signalled it remained on course to lift interest rates this year, but left its options open on when to pull the trigger as it a(...)

Former chairman of the US Federal Reserve Ben Bernanke: in a recent blog he makes several telling points about the mess the euro zone finds itself in.  Photograph: Win McNamee/Getty Images

The former chairman of the US Federal Reserve, Ben Bernanke, is reinventing himself as a blogger. In his most recent posting he makes several telling (...)

David Begg said the top 10  per cent of people were now taking 34 per cent of all. Photograph: Aidan Crawley/The Irish Times

Ireland must retain the current level of spending on welfare while also increasing wages if it is to tackle economic inequality, Dr David Begg directo(...)

Bank of England governor Mark Carney: said any increases in the cost of borrowing will be limited and gradual. Photograph: Neil Hall/Reuters

The Bank of England’s governor says a rise in UK interest rates from their historical low is getting closer but that any increases in the cost of borr(...)

Retail sales excluding automobiles, gasoline, building materials and food services dipped 0.1 per cent following a 0.7 per cent gain in May. Photograph: Bloomberg.

US retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, which could raise concerns th(...)

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding. Photo: Reuters

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding as its European partners demanded tough refor(...)

Equities began to recover on reports that Greek prime minister Alexis Tsipras had signalled he would accept creditors’ bailout offer if some changes were made to the attached conditions. Photograph: Andrea Bonetti/EPA

Stocks rebounded across Europe on Wednesday as investors watched Greece for signs of compromise. Equities began to recover on reports that Greek prime(...)

Tins of Nivea skin cream are pictured on a production line of German company Beiersdorf in Hamburg. Euro zone factory growth remained tepid as Greek debt talks, and the country’s possible departure from the bloc, dominated debate in Europe. Photo: Reuters

Asia’s largest economies showed hints of healing last month but euro zone factory growth remained tepid as Greek debt talks, and the country’s possibl(...)

The euro has slumped 3.9 per cent this year, hit by ongoing uncertainty over Greece and speculation about its quantitative easing programme.  Photographer: Simon Dawson/Bloomberg

Speculation that monetary policies in the US and Europe will diverge caused the euro to fall for a third day against the dollar. The single currency (...)