world economy

AP - China's high-flying economy is starting to lose altitude. The big question is whether the world's economic superstar will shrink gradually — or so fast that it harms a fragile global economy.

AP - Failure by Congress to raise the U.S.

World financial leaders were meeting in a Canadian Arctic town, and residents welcomed them by building two igloos.

Canada's Finance Minister Jim Flaherty crawled in to have a look. Flaherty accidentally destroyed the entrance of an igloo on his way out.

The builders said not to worry — fixing an igloo is easier than fixing the world economy.