Sweden’s central bank has raised a key interest rate by half a percentage point to combat rapidly rising inflation and price increases that are spreading through the economy
Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund
Stocks are opening mostly lower on Wall Street Wednesday, extending a weak stretch for the market into a third straight day
Stocks are rising solidly higher in early trading on Wall Street Tuesday
Senior U.S. officials are in Sri Lanka seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies
Russia is poised to default on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine
Bangladesh’s Prime Minister Sheikh Hasina has celebrated the opening of the country’s longest bridge, which took eight years to build amid setbacks involving political conflict and corruption allegations
Stock indexes were mixed on Wall Street in afternoon trading Wednesday amid concerns about inflation and whether rising interest rates will help or hinder the economy
Federal Reserve Chair Jerome Powell sought to reassure the public that the Fed will raise interest rates high and fast enough to quell inflation, without tightening credit so much as to throttle the economy and cause a recession
Stocks are opening lower on Wall Street as sharp drops in crude oil prices pull energy companies lower