The leader of Italy's ruling League party, Matteo Salvini, said Tuesday that a 50 billion euro ($55 billion) budget is necessary next year to bring about a "shock" fiscal stimulus.
Less than a decade ago, investors could barely be compensated enough to hold the bonds of Spain and Portugal for fear the nations could be severed from the European Union.
A strong majority, 74 percent, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.
It’s generally accepted that one of the keys to a healthy economy is a robust banking system. For some reason, though, central banks seem intent on doing everything in their power to make it as hard as possible for banks around the world to thrive. And so now, as they embark on a fresh round of monetary policy easing to combat the global synchronized slowdown, here’s hoping they find ways to actually spur the economy without penalizing the institutions that are the key to their success.
The Federal Reserve will “act as appropriate” to keep the U.S. economy healthy, Fed Chair Jerome Powell said Friday, remarks that did not say how fast it...
From supermarket checkouts in the capital Caracas to electronics stores in the central city of Maracay, Venezuelans struggling with hyperinflation and a deep...
The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big...
With no bank account to his name, J. Barasa still found a lender to finance his passion for gambling on football.
Lebanon vowed Friday to cut the budget deficit, implement reforms and speed up the release of the 2020 draft budget after rating agencies Standards & Poor’s...
The new evaluation of Lebanon’s credit rating is a positive reflection of the government’s efforts to repair the country’s ailing economy, MP Ibrahim Kanaan...
Iran’s president sent a bill to Parliament Wednesday that would cut four zeroes from the value of the Islamic Republic’s sanctions-battered currency, the...
Egypt is poised to cut interest rates for the first time in six months as easing inflation and currency stability look set to override concerns of an...
A decision to close Europe’s biggest natural gas field is starting to raise concerns about the impact on the region’s biggest trading hub for the fuel.
A six-day slide that sent the yuan to a decade low will probably be short-lived.
Five years after Mario Draghi turned the world of European banking upside down, lenders are considering breaking a last taboo: Negative interest rates for the...
U.S. tariffs on China won’t fix the trade deficit, and neither will weakening the U.S. dollar through interest rate cuts, International Monetary Fund...
When HSBC Holdings PLC thwarted a $500 million central-bank heist, sophisticated computer software didn’t raise the alarm.
From Thailand to Kenya, trains run on tracks from steel mills in China’s northeast, a rust-belt region that is trying to capitalize on a multibillion-dollar...
Planes could be powered by jet fuel made from household rubbish from 2024 under plans by Shell, British Airways and Velocys to build Europe’s first...
The “fundamentals” of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern...
The growing consensus is that even with all the trade tensions wreaking havoc in markets and global supply chains, as long as consumers stay resilient, the...
On a full moon at high tide each spring, schools of grunion fish flop out of California’s coastal waters to spawn in the sand.
Investors are bracing for a significant downturn in the world economy, cutting earnings estimates amid a market selloff.
Germany’s economy is in trouble and the government is dithering over whether to provide support in the form of fiscal stimulus.
When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10 percent of its sales overnight as its European...
White House officials pushed back Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile...
Options traders are starting to bet on the euro dropping below psychological support at $1.10 as the European Central Bank prepares a stimulus package amid a...
Turkey’s military pension fund OYAK has reached a provisional agreement to take over British Steel and could close the deal by the end of this year,...
Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s...
Stocks rose broadly in midday trading on Wall Street Friday as investors look to end a turbulent week on a positive note.
Turkey's military pension fund OYAK has reached a provisional agreement to take over British Steel, it said Friday, adding it planned to close the deal by...
Walmart reported improved results Thursday on solid US sales and e-commerce growth and again defended its decision to keep selling some guns after a mass...
In a free-market economy everyone is supposed to have the chance to get rich.