Economy

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…

WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’

Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces…

All the data so far is showing inflation isn’t going away, and is making things tough on the Fed

The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in,…

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that…

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal…

U.S., China to hold first AI talks within ‘weeks’ amid ongoing TikTok stalemate

The U.S. and China will hold their first high-level talks on artificial intelligence within the “coming weeks,” U.S. Secretary of…