The global machinery giant is cutting its forecast for 2012, even as third-quarter profits were up, due to a weak global economy.

The third-quarter earnings season kicked off today with an ominous warning about global growth from the IMF. A weak consolation for Americans is that we are the only major economy where the IMF expects decent growth in the next year.

The International Monetary Fund says economic growth in the world economy is slowing down sharply and that even the U.S. recovery is at risk.

Stanford economist John Taylor, formerly with the Bush administration, discusses what needs to be done to solve the United States' economic problems.

The Nobel Prize-winning economist talks about what's causing a global recession and what central banks need to do to help.

Commentator Ian Bremmer says no group of countries can control the global economy.

After five years, Robert Zoellick is about to step down as the president of the World Bank. He discusses the changing role of the organization in today's global economy.

Our financial troubles here and abroad stem from a confluence of causes. But if governments can do anything to fix our economic situation, shouldn't they have already?

As the U.S. economy improves measurably, Europe slips into crisis mode.

Sad to say, the 19th and early 20th century notion of the democratization of savings became the late 20th century idea of the democratization of credit. It's time to change the focus of public policy.