Economy

Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

Price rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the…

IMF chief warns of emerging market risk with high U.S. interest rates

Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a…

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,…