Worker pay rose more than expected in Q1 in another sign of persistent inflation
Employee compensation costs jumped more than expected to start the year, providing another danger sign about persistent inflation, while consumer…
IMF chief warns of emerging market risk with high U.S. interest rates
Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a…
Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…
WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces…
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that…
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal…
U.S., China to hold first AI talks within ‘weeks’ amid ongoing TikTok stalemate
The U.S. and China will hold their first high-level talks on artificial intelligence within the “coming weeks,” U.S. Secretary of…
