Economy

The UK government has taken effective control of British Steel in order to keep its blast furnaces running, after lawmakers approved an emergency rescue. With 3,500 jobs hanging in the...

WASHINGTON — Russia could be forced to end the war in Ukraine because it will run out of money to pay its troops, according to experts at the DC-based Institute...

When Donald Trump launched his tariff war on April 2, lawmakers in Europe struggled to understand the strategy. Was it a bluff, or did he really mean to collapse global...

It is rare that we can watch the unfolding of a global economic downturn with such precision as we can today. With a 145 percent U.S. tariff on China and...

The decision of US President Donald Trump’s administration to suspend foreign aid and shut down the USAID agency has sent shockwaves across the development industry. In 2024, nearly a third...

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BUENOS AIRES, Argentina (AP) — President Javier Milei on Friday announced that he would lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made...

SAN FRANCISCO — Even before President Donald Trump’s tariffs threatened to upend Apple’s manufacturing business in China, the company’s struggle to make new products was leading some people inside its...

Former Treasury Secretary Janet Yellen claimed Friday on CNN’s “Anderson Cooper 360” that President Donald Trump’s tariffs are doing “immense damage to our economy.” Yellen said, “This is the worst...

JPMorgan Chase CEO Jamie Dimon said the U.S. economy faces a critical stretch, while also warning of the ongoing uncertainty caused by President Trump’s tariff policies.  “The economy is facing...