ECONOMY & MARKETS

Lodging posted almost double-digit year-on-year sales growth by percentage from Black Friday to Dec. 24, MasterCard says.

Saudi Arabia's power over oil prices isn't new, but now Riyadh is using it to influence political outcomes in the Middle East -- and far beyond.

A tough fiscal situation may have forced the Narendra Modi government to cut spending on public health. But, this has happened before.

The accident occurred just a week after state-run Korea Hydro and Nuclear Power Co. was threatened by anonymous hackers.

Vladimir Putin canceled vacations for Kremlin officials as Russia deals with its worst economic crisis in over a decade.

Finance Minister Anton Siluanov said his ministry had recalculated its budget forecasts to take into account oil prices at $60 a barrel.

Russia's ruble rose on Friday to its strongest levels in more than three weeks in a sharp rebound from its recent all-time lows.

Japanese annual core consumer inflation slowed for a fourth straight month in November largely due to sliding oil prices.

The holiday season sales figures are expected to be up about 4 percent from last year.

From worries about donor countries not fulfilling their pledges to navigating an ongoing civil war, disaster relief hit great obstacles.

The Dow closed at a new all-time record Wednesday for the 37th time this year as Santa Claus came to town.

Data released Wednesday showed the fourth straight week of declines in claims.

Narendra Modi is pushing ahead on key reforms with an executive order after opposition parties stalled parliament over an issue about religion.

Russia will take on credit risk for firms, whose foreign debt obligations have shot up in ruble terms because of the currency's sharp slide.

The global Arms Trade Treaty, which has been ratified by 60 countries, aims to regulate the flow of weapons to conflict-hit zones.

Despite rapid economic growth over the past two decades, successive governments have kept a tight rein on healthcare expenditure.

The currency controls have become a primary concern of foreign investors who believe they are draining international reserves.

When it comes to postrecession wages, most Americans "have essentially gone nowhere," says Josh Bivens, of the Economic Policy Institute.

Fresh economic data on the strengthening U.S. economy sent the blue-chip index into the stratosphere on Tuesday.

The final revision surpassed economists expectations for the economy to grow at a 4.3 percent annual pace.

Spending by households drove Britain's economic recovery once again in the third quarter despite a slight fall in disposable incomes.

It remains unclear if Prime Minister Modi’s BJP would be part of the state government in the strife-torn, Muslim-majority state.

The record was broken for the 50th time this year while the Dow closed in on a new psychologically important milestone.

Should BP pay a lower penalty for the 2010 Gulf of Mexico spill because oil prices are down? The company thinks so.

U.S. taxpayer funding of the military has been $337 million a day, or almost a quarter million dollars a minute — every day since 9/11.

The global decline in crude oil prices is beginning to reveal consequences around the globe — far beyond the Russian ruble crisis.

Following last week’s advances, Wall Street expects a “Santa Claus Rally” from the Dow and S&P 500 by year-end.

India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.

Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.