The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession next year given the elevated risks.
US central bankers last month flagged the concern that sky-high inflation could become a permanent fixture, and stressed their readiness to continue raising interest rates to tamp down price pressures, according to the minutes of the latest policy meeting released Wednesday.
U.S.-based money transfer firm Western Union Co, announced an agreement Wednesday with South American e-commerce giant MercadoLibre to send digital remittances to Mexico, which have become a lifeline for the weakened local economy.
A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S.
A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S.
A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S.
Spain eyes vibrant summer after 'dazzling' visitor surge
Walmart's InHome Delivery Service delivers groceries direct to a customer's refrigerator without any added fees or tips required.
Netflix Inc said on Wednesday it is developing a spin-off of science fiction series "Stranger Things" as the streaming service works to build its biggest English-language hit into a broad entertainment franchise.
The United States on Wednesday imposed sanctions on a network of Chinese, Emirati and other companies that it accused of helping to deliver and sell Iranian petroleum and petrochemical products to East Asia, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.
Biden speaks with wife of basketball star detained in Russia
British Airways cuts 10,300 more flights through October
Apple Inc on Wednesday said it plans to release a new feature called "Lockdown Mode" this fall that aims to add a new layer of protection for human rights advocates, political dissidents and other targets of sophisticated hacking attacks.
US July 4 parade gunman considered second attack
Amazon.com Inc has secured the right to buy a 2% stake in Just Eat Takeaway.com's Grubhub and will offer no-fee access to the service for a year to U.S.
U.S. job openings shrank sharply in May by over 400,000 positions, but the overall hiring picture continues to show signs of strength.
The temporary stay does not mean that Juul is off the hook in the eyes of U.S. regulators.
The AMC $5 movie deal will run every Tuesday through October.
OPEC head Barkindo dies at 63 in 'shock' to oil cartel
Mortgage rates saw a decline in the last week as the wider market continued to reorient itself to an uncertain world of tighter monetary policy and looming recessionary risks. Despite this, demand has not returned.
IT and consulting services provider DXC has signed a deal with Manchester United to become the Premier League club's sleeve sponsor, manage its digital presence and use data analytics to deliver a more personalized experience for fans.
Amazon Prime customers will be able to receive a year of free restaurant delivery through Grubhub+ under a deal announced Wednesday by Just Eat Takeaway.com.
United Airlines is dropping three routes and eliminating two cities from its flight operations.
Rivian Automotive Inc delivered 4,467 vehicles in the second quarter, nearly four times more than the preceding quarter, as the electric-vehicle maker benefited from a ramp-up in production and strong demand.
Suspected jihadists storm Nigeria prison, free hundreds
The euro continued its slide against the dollar this week. On Wednesday morning, it was trading at $1.02, close to parity.
The evacuation of civilians from Sloviansk continued Wednesday as Russian troops pressed towards the eastern Ukrainian city in their campaign to control the Donbas region, as Ireland's prime minister visited Kyiv.
Fuel prices soar in Ethiopia as subsidies cut
The U.S. aviation system is expected to "remain challenged this summer and beyond" and the Federal Aviation Administration (FAA) needs more air traffic control staff, a senior United Airlines executive said on Wednesday.
Bette Midler's net worth stands at $250 million as of July 2022.
