The world's fastest-growing economy is on a road-building spree, expanding its already existing network of roads and adding world-class highways into the network.
More and more individuals are considering relocating abroad...
Companies making "runaway profit" should "dedicate at least 20% of the profit to those countries that are most affected like us," Bangladesh's Foreign Minister AK Abdul Momen said.
The comeback of China's economy could be a game changer for the commodities market.
With prices still high and not likely to come down, and interest rates also likely to climb because of inflation, some consumers could soon be pushed to their financial breaking points, experts warn.
U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight against inflation "is not a straight line" and more work is needed.
January's inflation report sent ripples down the stock market Friday, as the key index measured to gauge the economy showed there is still work to be done.
Wall Street's main indexes were set for a slightly higher open on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve's policy meeting for fresh clues on the trajectory of interest rates.
With inflation once again growing, struggling families are going to continue feeling the pinch at the grocery store and the gas station, as well as in several other areas of their lives—with no long-term relief seemingly in sight.
Two Federal Reserve officials on Friday added to a chorus of U.S. central bankers this week in signaling that interest rates will need to go higher in order to successfully quash inflation, although one guarded against inferring too much from recent unexpectedly-strong economic data.
Inflation rose ever so slightly to begin 2023, the latest indicator that high prices for housing and energy remain a ways away from dissipating.
The U.S. economy is still growing. Americans find it easy to get jobs. The unemployment rate hovers at a 50-year low. Yet, half of Americans feel worse rather than better off.
Investors keep on misreading and fighting the Fed these days, going against an old Wall Street Adage.
Despite a red hot job market, more and more middle class Americans are living paycheck to paycheck.
The U.S. economy added 517,000 jobs in January, far exceeding economists' expectations of 187,000, while the unemployment rate fell to 3.4%.
FedEx, Rivian and REI saced hundreds of employees, citing profitability and consumer demands.
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The U.S. economy grew by 2.9% over the fourth quarter of 2022, largely boosted by an increase in consumer and government spending.
The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a development that some economists believe bolsters the case for U.S.
France gears up for 'hellish' day of pension protests
Confidence among U.S. single-family homebuilders improved for the first time in more than a year in January, potentially signaling the housing slump may have reached its low point even as construction firms' sentiment remains decidedly bearish.
At Davos, Saudi Arabia says curbing oil dependency a priority
The easing of supply chain constraints has begun to put downward pressure on prices on the economy's supply side.
India still needs to deploy the advantages it has to attract foreign investment and catch up with China.
Private payroll has risen to 235,000 this month, nearly 100,000 more than the Dow Jones originally predicted in November.
Coinbase on Wednesday agreed to pay $100 million to settle a case with New York regulators.
The average price for 2023 is expected to be at $81.5 versus $94.2 in 2022 — a 13.5% decline.
Experts project gas prices to once again rise in 2023, peaking in the summertime when travelers are expected to hit the roads in swarms.
Stocks are waiting for the Santa Claus Rally.
African countries have hardly seen the traditional "multiplier" effects associated with construction projects, while they have seen their private and public debt soaring.
