Economy

IMF upgrades global growth forecast, citing U.S. resilience and policy support in China

The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…

Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem

WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a…

Euro zone economy narrowly skirts recession, stagnates in fourth quarter

The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency…

Trump attempts to take credit for stock market record highs under Biden

Former President Donald Trump on Monday admitted that the stock market is on the rise under his successor, President Joe…

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure

Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…

Workers are sour on the job market — but it may not be warranted

Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index…

Stock market to ‘nowhere?’ Two ETF experts see more trouble ahead in China

China may have trouble attracting investors again this year. ETF Action’s Mike Akins sees challenges tied to the country’s ability…