Economy

A breakaway region of Europe has been forced to halt almost all industrial production after Ukraine ended the transit of Russian gas through its territory. “All industrial enterprises are idle,...

Many older homeowners have benefited from soaring home prices in recent years, but as they look to cash in and downsize, some are discouraged by a federal tax that applies...

United States President Joe Biden has decided to block the proposed takeover of US Steel by Japan’s Nippon Steel, US media has reported. Biden is expected to announce his decision...

Near-Term Optimism Is Rising—Especially Among Republicans Americans are strolling into the new year with a bit more spring in their steps, thanks to the imminent return of Donald Trump to...

Democrat strategist James Carville admitted that he was “wrong about the 2024 election” in a New York Times op-ed, stating that President-elect Donald Trump beat Vice President Kamala Harris by...

WASHINGTON — The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most U.S. workers continue to enjoy . Jobless...

A sharp rise in mortgage interest rates toward the end of December took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of...

Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary government figures. Gross domestic product (GDP) expanded 4.3 percent in the October-December period, Singapore’s Ministry of Trade...

Welcome to Foreign Policy’s South Asia Brief, and happy New Year. There will be many questions about South Asia and the world this year: how the region adjusts to a second...

Vladimir Putin assured Russia he was “certain that everything will be fine” in his New Year’s Eve address on Tuesday, as the nation heads toward its fourth year of war...