Economy

The world’s 26 poorest countries are deeper in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, the World Bank has said. The...

China’s consumers are tightening up their belts, but not everyone’s a loser. Some companies are riding the frugal wave. Saizeriya, a restaurant chain from Japan — a country well familiar...

More than 400 North American 7-Eleven locations are slated for closure after “underperforming” during the second quarter of FY 2024, company officials announced in a recent earnings report. In its...

China has announced plans to ramp up government debt issuance in a bid to boost its economy. In a press briefing in Beijing on Saturday, China’s minister of finance Lan...

Sergey, a Lyft driver in St. Petersburg, Florida, helped families load their suitcases into the trunk of his car before driving them to a nearby hurricane shelter on October 9....

United States-based plane maker Boeing will cut 17,000 jobs, or 10 percent of its global workforce, delay first delivery of its 777X jet by a year and announced substantial new...

This week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, fresh on the heels of the central bank’s dramatic interest rate cut just a few...

A Politico article Thursday questioned why Vice President Kamala Harris wasn’t getting a polling boost from the current “dream economy.” Under the headline, “Harris is riding a dream economy into...

Taipei, Taiwan – Four Taiwanese employees of Apple supplier Foxconn have been detained in China since January, Taiwan’s national news agency has reported. The workers were detained in Zhengzhou, the...

Hurricane Milton stormed Florida on Wednesday, leaving an estimated $30 billion to $50 billion of insured losses, according to analysts from Fitch Ratings in a Thursday note. Milton made landfall...