New York, London and Hong Kong are the business hubs of the global economy. All major banks have their headquarters or offices in these cities and it's the same for the hotel industry.

The Indian economy will continue to expand at eight to nine percent per year despite concerns over a global slowdown, Prime Minister Manmohan Singh said Monday.

PROVIDENCE –– Rhode Island stands alone as the only Northeastern state “in recession,” according to economists who reported yesterday that the state’s economy hasn’t been this bad in nearly two decades.

THE World Bank expects SA's economy to grow by a robust 4,2% this year, slightly above official estimates and surpassing consensus forecasts for a sharp slowdown prompted by higher interest rates, power shortages and global risk aversion.

Lawsuit reforms passed in Texas since 1995 have propelled the state economy into one of the strongest in the nation, according to a new report by economist Ray Perryman.