Economy

WASHINGTON — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy’s...

In a mere week, Trump’s second presidential term has already been accompanied by a cascade of startling and unnerving political and natural events: from the U.S. leaving the World Health...

FRANKFURT, Germany — Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials...

South Sudan, the world’s youngest nation, has resumed after nearly a year-long shutdown caused by the ongoing conflict in neighboring Sudan. The announcement of the restart, which began on January 8,...

South Sudan, the world’s youngest nation, has resumed after nearly a year-long shutdown which was caused by the ongoing conflict in neighboring Sudan. The announcement of the restart, which began...

This story incorporates reporting from  ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President Donald Trump,...

Paul Diamond has been a fascinating figure in financial circles, given various allegations pointing toward a network of suspicious transactions and business activities shrouded in mystery. Whispers of fraud, collusion...

Powell Sticks to His Lane, Frustrating Reporters Federal Reserve Chairman Jerome Powell did a fine job at his press conference Wednesday of staying out of the way of politics despite...

China is President Donald Trump’s prime target for a trade war — again. But China already put its boxing gloves on. In his first term, Trump slapped high tariffs on...

WASHINGTON —  After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and...