Sri Lanka is in political vacuum for a second day with opposition leaders yet to agree on who should replace its roundly rejected leaders, whose residences are occupied by protesters angry over the country’s deep economic woes

Sri Lanka’s opposition political parties will meet to install a new government

A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession — and highlighted the resilience of the nation’s job market

Sri Lanka’s Central Bank has raised its key interest rates to 14.50% and 15.50% to try to contain inflation that has added to the country's economic woes

Global stock markets are higher after lower oil prices helped to offset fears about surging inflation the Federal Reserve said might require higher U.S. interest rates

Federal Reserve officials were concerned at their meeting last month that consumers were starting to anticipate higher inflation, and they signaled that much higher interest rates could be needed to restrain it

Sri Lanka’s prime minister says the country's talks with the International Monetary Fund are proving complex and difficult since it is now a bankrupt nation

Australia’s central bank has lifted its benchmark interest rate for a third time in three straight months, changing the cash rate to 1.35% from 0.85%

Asian benchmarks are mostly lower, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy