Powell Defies DC Critics and Makes Case for Why Rates Must Rise

Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.

2023-06-22 16:27

Macron Asks Parents, Social Media Firms to Help End Clashes

French President Emmanuel Macron called on parents and social media platforms to help bring an end to violence

2023-06-30 23:59

US finalizes rules to prevent China from benefiting from $52 billion in chips funding

By David Shepardson WASHINGTON The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing

2023-09-22 17:23

South Korea's jobless rate in May falls to record low

SEOUL South Korea's jobless rate fell in May to a record low, official data showed on Wednesday, indicating

2023-06-14 07:50

Turkish lira surges after Erdogan backs huge rate hike

Turkey's troubled lira surged Thursday after the central bank delivered a much larger than expected interest rate hike that broke free from President Recep Tayyip...

2023-08-24 22:27

The Fed's preferred inflation measure stayed high in July — and consumers are continuing to spend

US inflation may have remained elevated in July, but consumers just wanted to have some fun.

2023-08-31 21:48

Internet out: India deploys shutdowns in name of security

With the world's largest biometric ID database, a pioneering digital payment system for daily transactions and a flagship space and satellite programme, India knows...

2023-11-24 09:53

Panama bans new mining deals, but fails to quell protests

Panama's President Laurentino Cortizo on Friday announced a ban on new metal mining concessions, but maintained a contract with a Canadian company that has sparked...

2023-10-28 09:25

Amazon’s $1.4 Billion iRobot Deal Gets EU Warning on Competition

Amazon.com Inc.’s $1.4 billion deal for vacuum cleaner firm iRobot Corp. risks being derailed unless the firms fix

2023-11-28 02:18

Russia withdraws new ruble note after church complaint

Russia's central bank halted the circulation of a new 1,000 ruble note Wednesday after Orthodox priests complained that the image of a church dome lacked a cross, even though it...

2023-10-18 21:18

China's Huawei reports modest revenue growth for first three quarters

By David Kirton SHENZHEN, China China's Huawei Technologies saw a slight uptick in revenue in the first three

2023-10-27 16:22

Brothers Fighting Fraud Charges From India Are Flourishing in Nigeria

At a ceremony in November, the Nigerian government celebrated the discovery of as many as 1 billion barrels

2023-06-06 12:26