Economy

IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration

The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of its prized…

Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut

LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described…

Switzerland makes second interest rate cut as major economies diverge on monetary policy easing

The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…

These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors

EAST RUTHERFORD, N.J. — For 16-year-old Zyshawn Gibson, snowboarding down the indoor ski park at Big Snow American Dream in…

UK inflation falls to Bank of England’s 2% target ahead of elections

U.K. inflation fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said Wednesday,…

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…