Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
Global Economy News, Financial Trends & Market Analysis
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German finance minister warns of retaliation if U.S. kicks off trade war
Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of…
Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the…
China schedules meeting expected to reveal fiscal stimulus details
A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023.Jade Gao | Afp…
Global public debt will hit $100 trillion by year-end, says IMF
A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International…
U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says
An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…
IMF warns on China’s property market worsening as it cuts country’s growth outlook
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg |…
IMF hikes UK growth outlook amid lower inflation and interest rates
General view of the City of London skyline, the capital’s financial district, in October.Sopa Images | Lightrocket | Getty ImagesLONDON…
Here’s why inflation may look like it’s easing but is still a huge problem
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty…
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe Biden administration rang…
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve,…
UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years
A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker…
The Federal Reserve may have pretty much just hit its 2% inflation target
Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee…
Wholesale prices were flat in September, below expectations
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department…
French budget surprises with focus on tax hikes as analysts warn of ratings downgrades
France’s newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending…
UK economy returns to growth as Labour tees up all-important budget
Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy returned to growth in August following two consecutive months…
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an…
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton,…
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton,…
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