IMF: Portugal is on track but big risks remain

LISBON, Portugal (AP) — Bailed-out Portugal's economic recovery program is proceeding as planned but "formidable challenges" stand in the country's path amid a steep recession and market misgivings about Europe's response to its debt crisis, the International Monetary Fund said Thursday.

UK business optimism rises as fears of double-dip recession and a eurozone break-up fade

Business optimism is rising at its fastest rate since 2007, as fears over an imminent eurozone break-up abate, though companies are still opting for the safety-first option of hoarding cash.

U.S. manufacturers pick up pace in March

WASHINGTON (MarketWatch) — American manufacturers expanded at a somewhat faster pace in March and most industries experienced growth, according to a closely followed survey.

Jean-Claude Trichet: 'We need to go further’

In his first public interview since stepping down as head of the European Central Bank, Jean-Claude Trichet tells Charles Moore why he believes that Europe needs unity.

U.S. job growth seen tapering off slightly

WASHINGTON (MarketWatch) — Picture this: Job creation is on the upswing, consumers are spending freely and executives are more confident about their business. Things are looking up.