Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L)...
Breaking News: Economy
India’s retail inflation jumps to 5.54% in September, above estimates
Shoppers gather at New Market in Kolkata, India, on September 21, 2026, ahead of the Durga Puja festival. Nurphoto |...
World Bank jobs council urges 'crisis-era' employment support measures as IMF warns of AI ‘tsunami’
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering...
JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity
J.P. Morgan Asset Management is making a bullish call on an underinvested market group: high-quality fixed income.Priya Misra, a portfolio...
Trump appoints committee to investigate statements by the Fed's Lisa Cook
President Donald Trump formally established a "committee of inquiry" to investigate allegations that Federal Reserve Governor Lisa Cook made false...
Americans' debt problems are flashing a warning not seen since the Great Recession
The ability of U.S. families to stay current on their debts worsened over the past three years, hitting levels not...
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has been appointed...
Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
Delta Air Lines slashed its 2026 profit outlook as high fuel prices persist, but CEO Ed Bastian said higher fares...
Ray Dalio warns the stock market's cushion against rising bond yields is shrinking
Billionaire investor Ray Dalio warned on Thursday that stocks face mounting pressure from rising bond yields and the prospect of...
Inflation on many everyday items was entirely due to tariffs, NY Fed says
President Donald Trump speaks about his new tariff plan at the White House, in Washington, April 2, 2025.Brendan Smialowski |...
Fed officials see another hike coming, but no sign as to when, minutes show
Federal Reserve officials expect they will raise interest rates again before the end of the year to head off inflation...
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
Gas prices exceeding $4.70 per gallon are displayed at an Exxon gas station in Alexandria, Virginia, on Oct. 2, 2026.Mehmet...
ICE came to town and left behind weakened economies
Protestors march during a "Nationwide Shutdown" demonstration against ICE enforcement on Jan. 30, 2026 in Minneapolis, Minnesota.Stephen Maturen | Getty...
Why AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva
NEW YORK, NEW YORK - SEPTEMBER 22: Kristalina Georgieva, managing director for the International Monetary Fund, speaks onstage during "Semafor:...
India’s central bank hikes rates for the first time since 2023 as inflation risks build
The Reserve Bank of India on Wednesday raised interest rates for the first time since 2023, joining several major central...
Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year
Trucks move goods in a shipping container next to large stacks of shipping containers and cranes at the Port of...
World Bank warns of AI concentration risks as it lifts East Asia and Pacific growth outlook to 4.5%
South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President...
The 2029 tipping point: Western populations are about to start shrinking, piling pressure on public finances
As Western populations age, fewer workers and higher costs will strain public finances, credit rating agency Moody's has warned. Europe is...
'Handful' of G20 countries reject U.S. stance on excess industrial capacity
Jamieson Greer, US trade representative, speaks at a news conference during the G-20 trade ministerial in Milwaukee, Wisconsin, US, on...
Men are losing ground in the labor market. Here's why
Left to right, Everette Kerry of Life Alert speaks with Maximilian Kegley-Oyola and Dylan Flowers about job opportunities during the...
