A new Government Accountability Office report shows how and where stimulus funds have been spent so far, including $11 billion for highway projects across the country.

Former eBay chief executive Meg Whitman officially launched her bid for governor of California on Tuesday, sketching out her ideas to return the state to a time when "California had its act together."

Emerging markets were the shining light when the world entered recession last year, but even these developing economies have been struck by the global slowdown. But as China and India continue to grow and Japan exits out of a contraction, are emerging markets becoming the world's saving grace, and if so, how should investors be taking advantage of the opportunities there?

Africa's investment fortunes are shifting, as the 'Dark Continent' becomes gradually less depended of its main trading partner, Europe, and attracts investor from fast-growing emerging countries.

Chinese stocks have unusually determined global market direction lately, bringing equities crashing down earlier this week, and talk about an end of the rally has intensified.

Harrowing details are emerging of the explosion and flood that devastated Russia's largest hydroelectric plant, killing at least 17 people and leaving 57 missing.

India could become an investment magnet among emerging markets if economic reforms are put into effect and if the new coalition government finds way to fix the country's crumbling infrastructure, experts interviewed by CNBC said.

Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.

French workers normally take off much of the summer, but this month, there is something of a revolution going on here at this former royal chateau roughly 30 miles southeast of Paris. The throngs of tourists will be jostling alongside stonemasons, restoration experts and other artisans paid by the French government’s $37 billion economic stimulus program, the New York Times reported.

Global stocks began second half of 2009 in positive territory on Wednesday after a successful previous quarter. Wall Street logged its best quarter in a decade in the second quarter. Experts tell CNBC how to invest in the new quarter.

The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990. But with analysts predicting a correction, experts tell CNBC the dollar is still a safe haven, but that Chinese stocks are getting too pricey.

President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.