Breaking News: Economy

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…

‘Last chance saloon’: UK finance minister expected to pledge pre-election tax cuts

LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package…

Stocks making the biggest moves premarket: Dell, New York Community Bancorp, HP and more

Check out the companies making headlines before the bell.

Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago

Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates…

Russia offering African governments ‘regime survival package’ in exchange for resources, research says

Russia’s military intelligence service is offering African governments a “regime survival package” that provides military and diplomatic support in exchange…

House GOP’s budget ‘poison pills’ could force spending cuts, rattle economy

House Republican hardliners’ efforts to stonewall a budget deal ahead of a looming government shutdown could risk triggering automatic spending…

For Black workers, progress in the workplace but still a high hill to climb

Looking at the state of Black employment in America tells a mixed story: Much progress has been made in the…

Goldman Sachs and Abu Dhabi’s Mubadala ink $1 billion partnership to invest in Asia Pacific

DUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion…