taxes

Business, Economics and Jobs

The Limits of GDP

The recession in the US is technically over. GDP grew at a rate of 3.5% in the last three months ending in September. But there's a growing cadre of economists who say GDP has outlived its usefulness as a gauge of economic health. Jason Margolis has more.

Conflict & Justice

Radio royalties

Hairdressers in Barcelona are threatening a rebellion over a government plan to make hair salons pay royalties for playing the radio in their shops. Sarah Rainsford reports from Barcelona.

Politics

Shares surge after EU loan deal

Global stock markets have soared after the European Union and International Monetary Fund intervened to stop the Greek debt crisis spreading. Marco Werman talks with Ken Rogoff, a former chief economist for the International Monetary Fund.

Politics

Turkey booming

One of the places the economic downturn more or less passed by is Turkey. The Brookings Institution recently released a survey of the 150 cities in the world with the healthiest economies. Istanbul tops the list. Matthew Brunwasser reports.