Economy

Saudi investment minister touts green shoring on path to diversification

Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023.  Bloomberg…

Draghi urges radical European Union reform requiring extra 800 billion euros a year

Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12,…

Turkey’s bid for BRICS both strategic and symbolic step, analysts say

Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod,…

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of…

MU, SBUX, KMX and more

Check out the companies making headlines before the bell. Starbucks — The coffee chain rose more than 2% after Bernstein…

Week’s two key inflation reports to help decide size of Fed’s rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City.  Spencer Platt | Getty Images…

UK economic growth July 2024

Maremagnum | Corbis Documentary | Getty Images LONDON — The U.K. economy continued to flatline in July on a month-on-month…

David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China

Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve’s rate cut was to buy Chinese…

Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…

CPI inflation report August 2024:

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…