Finance & Economics | WPN World People News

Kexue Huang, a Chinese national and a former resident of Carmel, Ind., pleaded guilty today to one count of economic espionage to benefit a foreign university tied to the People’s Republic of China (PRC) and one count of theft of trade secrets.

Tens of thousands nicknamed "the indignant" marched in major cities across Europe, against government cost-cutting and failed financial policies. In Rome, dozens of people were injured when clashes broke out Saturday during a massive protest of the government's handling of the economy.

A bank-owned sign is seen in front of a foreclosed home in Miami. Florida was among the hardest hit states in the real estate collapse.

U.S. Rep. Dave Camp (R-MI) speaks as Rep. Chris Van Hollen (D-MD) and Rep. Jim Clyburn (D-SC) listen during a hearing before the Joint Deficit Reduction Committee, also known as the supercommittee.

In capitals around the world, U.S. diplomats are laying out evidence that elements of Iran's government plotted to assassinate Saudi Arabia's ambassador to the U.S.

Slovakia is a small, relatively poor country that's not in any intense financial trouble. It doesn't need a bailout, and it's in no position to provide much of a bailout.

The Labor Department announced last week that the U.S. economy grew by just 103,000 jobs in September. A number like that isn't even enough to keep up with population growth. The fact that the report was widely greeted as positive news suggests just how low expectations have sunk this year.

The Labor Department announced last week that the U.S. economy grew by just 103,000 jobs in September. A number like that isn't even enough to keep up with population growth. The fact that the report was widely greeted as positive news suggests just how low expectations have sunk this year.

It's hard to overestimate the effect that former Apple CEO Steve Jobs, whose death was announced Oct. 5, had on the technology industry as a whole. His company's innovations in tablets and smartphones kicked off the current rush toward mobility that will almost certainly define the space for years to come.

Calling on governments, donors and international financial institutions to "unlock the potential of tourism," Deputy Secretary-General Asha-Rose Migiro today hailed the industry''s ability to create jobs, stimulate economies and overcome poverty.