Breaking News: Economy

China and Russia no longer perceived as top security threats, research finds

China and Russia are considered less of a threat to Western populations now than a year ago, as public concern…

China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…

Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says

DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant…

Germany’s economy is on shaky ground and glimmers of hope are few and far between

Good news has been sparse for the German economy. And the latest economic data has not done much to change…

Inflation in December was even lower than first reported, the government says

The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched…

El-Erian, Krugman and other economists have very different opinions on China’s struggling economy

China’s economy is sputtering. Its property market is crumbling, deflationary pressures are spreading across the nation, and its stock market…

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready…

‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist

The world is looking at a debt crisis that will span the next 10 years and it’s not going to…

Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York…