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Some economists warn that Hurricane Katrina will have economic impact far beyond the Gulf Coast region. David Wessel, deputy Washington bureau chief of The Wall Street Journal, says the inability to refine and distribute oil in hurricane-battered areas could negatively affect the economy nationally, including unemployment.

Advanced economies are doing OK, but a sharp slowdown is plaguing much of the developing world, the IMF's latest report says.

Some economists predict that the reconstruction from the damage caused by Superstorm Sandy will produce a stimulus effect for the U.S. economy in 2013 — especially in construction and related industries. Others say the losses associated with a storm will outweigh any positive effects from the rebuilding.

The decline in economic output from March through June was worse than economists expected. Still, the downturn has not inflicted large job losses for Europe's biggest economy.

Economists say the unusually severe winter weather across the U.S. has cost billions of dollars and curtailed job growth. Some sectors of the economy will likely bounce back more than others.

The Federal Reserve Bank moved Wednesday morning to ease a global credit crisis, announcing a plans to offer $40 billion in emergency funds to banks through an auction process. The move was coordinated with other major central banks and is designed to increase liquidity around the globe.

Republican presidential candidate Marco Rubio vowed Tuesday to cap the number of regulations government can impose on businesses, particularly "on...

Both housing and the stock market have been on the upswing in recent months. But a full recovery in the housing market would be more significant to the overall economy. That's because more Americans have something at stake in home values than in stock prices.

A Florida House panel heard about ports Tuesday and the value they bring to Florida’s economy. We could hear a lot more about beefing up Florida’s 15…

China's central bank surprised investors when it devalued its currency. David Greene talks to David Wessel, director of the Brookings Institution's Hutchins Center on Fiscal & Monetary Policy.