Gaza economy 'on verge of collapse', with world's highest unemployment

The economy of Gaza – assailed by war, poor governance and a joint Israeli-Egyptian blockade – has reached the “verge of collapse” with the coastal strip suffering the highest rate of unemployment in the world.

Resurgent business activity in England and Wales recorded for July

Two surveys have reinforced prospects for an upturn in Britain's faltering economy, with resurgent business activity and confidence recorded in July.

UK GDP: Economy shrank at end of 2012

The UK economy shrank by 0.3% in the last three months of 2012, further fuelling fears that the economy could re-enter recession.

US industrial production drops 0.4 percent

WASHINGTON (AP) — Superstorm Sandy depressed U.S. industrial output in October, the latest indication that the storm could temporarily slow the economy.

Euro-Zone's Private Sector Shrinking Fast

LONDON—The euro zone's private sector contracted in April at the sharpest pace since November, damaged by a steep decline in the manufacturing sector, suggesting the region won't rebound quickly from the recession recent data are pointing to.

Manufacturing activity, employment on the rise

NEW YORK (CNNMoney) -- Manufacturing grew at a faster pace in December, according to a closely-watched reading on the health of the sector.