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The U.S. economy grew at its fastest pace in more than a year and a half in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
Talks between Greece and its private-sector creditors edged toward an agreement, with bond holders seemingly willing to accept lower yields on their future holdings of Greek debt.
Spanish job losses accelerated, lending new urgency to Prime Minister Mariano Rajoy's plans to overhaul one of Europe's most dysfunctional labor markets.
European regulators said they would open a new probe into a trans-Atlantic joint venture involving Air France-KLM and Delta Air Lines, members of the SkyTeam carrier alliance.
U.S. stocks retreated, jeopardizing the market's chances for a fourth-straight weekly gain, after investors were disappointed by the reading on domestic economic growth.
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The FSA fined a former compliance officer at Greenlight Capital £130,000 for insufficient oversight in the sale of Punch Taverns shares ahead of a planned equity raising. A J.P. Morgan Cazenove employee was also fined.
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News of the bonus award for RBS's chief executive provoked an outburst of criticism Friday, with some saying the nearly £1 million award was too big amid broader economic malaise.
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Ford reported a record fourth-quarter profit on a one-time tax allowance, though slower sales in Europe and production losses caused by flooding in Thailand damped profitability.
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Procter & Gamble posted a sharply lower quarterly profit as the consumer-goods company booked a write-down and struggled with higher commodity costs.
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European Central Bank President Mario Draghi told the World Economic Forum the ECB's actions in December had averted financial disaster and cited evidence of improvement in euro-zone markets in recent weeks.
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Dozens of people were killed and wounded when a suicide car bomber attacked a funeral procession in Baghdad.
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Our reporter discovers her iPhone movie-watching and music-streaming has unexpectedly pushed her into the top 5% of AT&T;'s data users.
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For decades, Japan simply imported wares of foreign cultures, but recession has led to invention. The country has begun creating the finest American denim, French cuisine and Italian espresso in the world.
The greatness of British artists Lucian Freud and David Hockney as printmakers is shown in two separate sales devoted to their prints at Christie's next month.
As one of Europe's 2012 Capitals of Culture, Guimarães, Portugal, is playing host to an invasion of the arts, including the latest ballet from Anne Teresa De Keersmaeker, concerts by Grammy-winning Emerson String Quartet and a world-class jazz festival.
After nearly five hours of tennis, Novak Djokovic outlasted Andy Murray in a five-set Australian Open semifinal to set up his third straight Grand Slam final meeting with Rafael Nadal.
Iran said it was considering pre-empting an EU oil embargo and called on OPEC to intervene against a Saudi pledge to fill the supply gap, pushing oil prices higher.
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RBS said CEO Stephen Hester will receive a bonus of around £963,000, paid fully in shares that will be deferred until 2014, a decision that caps weeks of public wrangling at the U.K. bank.
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One last time, here's another look at the ECRI's weekly leading index, which is showing a hint of improvement again this week.
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In the first test of Nokia Chief Executive Stephen Elop's turnaround plan, the handset maker said sales of its first Windows smartphones were off to a good start even as its overall shipments continued to slide.
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With its hostile bid for Illumina, the Swiss drug-giant is making an expensive bet that genetic mapping will soon be common practice in doctors offices and hospitals.
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The fastest-growing population in federal and state prisons are those 55 and older, a trend that is forcing cash-strapped local governments to wrestle with the growing cost of caring for the aging inmates.
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Celebrated shoemaker Manolo Blahnik on good design, true style and the most tragic moment of his life.
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Brussels and Athens need to get their money's worth.
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At the economic forum's hottest party, guests come to schmooze—and for the choice booze.
Inside the competition to build the world's highest-profile golf course—for the Olympics.
The Wall Street Journal's deputy editor-in-chief took reader questions in a live chat from Davos on Jan. 27. Replay the event.
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View photos of four properties across Europe, then cast your vote for your favorite in our weekly interactive poll.
This six-bedroom Italian villa has been entirely rebuilt using the original stones to incorporate many modern features.
In today's pictures, Australia's prime minister is whisked away from protesters, a house is frozen in a lake in Wisconsin, soldiers on camels celebrate India's Republic Day, and more.