For centuries, nations have resorted to economic sanctions when diplomacy has failed.
Candidate Obama opposed new free-trade agreements and wanted to renegotiate NAFTA. A global slump has changed his mind.
Even if China doesn't follow through on its vote for economic sanctions, the UN resolution approved Friday may let other countries tighten the screws.
The giant’s revival will help cushion the blow of falling global output. But the Obama administration will need to take care in its dealings.
A recession may be a cruel remedy for environmental degradation. But some experts say the earth welcomes the breathing room.
Shoppers' confidence is higher so far this month. Other data deliver a mixed message as to whether the economy has hit bottom yet.
UN condemnation brings vows from North to restart nuclear program, pull out of six-party talks.
The country has put steep tariffs on an array of goods. Seventeen of the world's 20 largest economies have broken recent promises not to take protectionist measures.