Economy

FRANKFURT, Germany — Europe’s inflation took a positive turn with a significant drop to 6.1%, but prices are still posing a pinch to shoppers who are yet to see real...

The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise...

Amazon has agreed to pay out $30.8m to settle claims it violated customer privacy, including spying on women in their homes. The tech giant agreed to pay out $5.8m after...

COLOMBO, Sri Lanka — The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared bankruptcy, after stern fiscal controls, improved...

Official Russian statistics released on Wednesday highlight constrained economic performance, as industrial production fell sharply. Some analysts have previously warned against putting much faith in the Kremlin’s data, which is...

Low-income countries in Africa and the Middle East are missing out on the global recovery of unemployment rates to pre-pandemic levels, the United Nations labour agency has warned. Global unemployment...

Democratic Sen. Joe Manchin will join Republicans in voting on a bill to overturn President Joe Biden’s student-debt relief plan. On Wednesday, the Senate voted to advance a GOP-led bill...

President Joe Biden and Speaker of the House Kevin McCarthy finally have a deal to address the debt-ceiling crisis — but it included an unexpected twist for food-stamp recipients. On...

India’s economic growth has accelerated to 6.1 percent in the January–to-March quarter, boosted by government and private capital spending even as private consumption remained sluggish, government data shows. Wednesday’s reading...

BERLIN — German inflation eased to 6.1% in May following several months of declines, even as Europe’s biggest economy registered another painful increase in food prices of nearly 15%. Preliminary...