U.S. Latino economic output grows to $3.6 trillion, new report finds
The U.S. Latino economy grew by 13% from $3.2 trillion in 2021 to $3.6 trillion in 2022, according to a…
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
UK economy flatlines again in July, below expectations
LONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office…
Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai
DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn’t rule out stagflation, even with greater confidence recently that inflation is…
‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country…
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…
Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…
