U.S. college and university endowments posted an average loss of 0.3 percent for fiscal 2012 U. S. college and university endowments posted an average loss of 0.

Emerging economies will lead growth in 2013 according to a report released on Wednesday. Emerging economies will lead growth in 2013 as the global economic outlook remains challenged by the eurozone's debt crisis and high unemployment in the United States, according to a report released on Wednesday.