Economy News

A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.

The presidents of Brazil and Argentina are considering creating a common Latin American currency.

European markets started the new trading week on an uncertain note Monday with investors gauging the economic outlook.

Many chief economists had somber predictions about whether the global economy would fall into a recession in 2023, according to a World Economic Forum survey.

China’s economy grew at one of its slowest rates in decades last year as repeated Covid-19 lockdowns hammered households and businesses.

China is pushing hard to prop up its embattled property market to help reignite growth in the world’s second-largest economy that has been crippled by years of Covid restrictions.

Inflation in Germany reached the highest point in over seven decades, according to the data released by the country's Federal Statistical Office.

A batch of employment data and minutes from the Federal Reserve's last policy meeting of 2022 will headline a short opening week of 2023 as Wall Street limps into a new year after its worst run since the Global Financial Crisis.

China’s lagging growth a key threat this year, IMF managing director Kristalina Georgieva said, while the US is ‘most resilient.’

A popular misconception has emerged about Elon Musk and Tesla: The megabillionaire's love affair with Twitter is the main reason Tesla shares have lost so much value this year. But Tesla's steep stock selloff this week proved that the problems at Musk's c...

#federalreserve #yahoofinance #interestrates Fitz-Gerald Group Principal Keith Fitz-Gerald and Jake Jolly, BNY Mellon Investment Management Senior Investment...

Another key measure of the yield curve is inverting, sending a recession warning.

The International Monetary Fund (IMF) on Tuesday predicted that Germany and Italy would both tip into recession next year, as it also lowered its global growth forecast. Germany — Europe's largest economy — is heavily dependent on Russian gas, which Mosco...

he Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent "material risk" to UK financial stability. It will buy as many long-dated government bonds as needed between now and October 14th in the wake of the...

A big week for EU economic affairs: After the European Central Bank (ECB) announced an unprecedented rate hike yesterday, EU economic and finance ministers are gathering in Prague for an informal meeting. At the top of the agenda: the looming recession ca...

Lebanon is now going through the worst economic crisis in its history. 80 per cent of the population lives below the poverty line. In one year, food prices h...