World economy

U.S. leans on China to use influence with Iran to cool Middle East tensions

BEIJING — U.S. Senate Majority Leader Chuck Schumer said Monday the congressional delegation to China asked Beijing to use its…

U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say

“Financial inclusion,” defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S.,…

U.S. Latino economic output grows to $3.2 trillion, according to new study

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…

China-EU relationship is at a crossroads, top official says in Beijing

It is a make-or-break moment for China’s relationship with the European Union, as the bloc’s trade chief asks for more…

Modi, Biden pledge to deepen India-U.S. partnership as world leaders meet in Delhi for G20 summit

NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged to deepen the partnership between their…

China’s deflation could spill over into a global concern, economists say

China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in…

Niger coup draws condemnation from Russia and the West as regional body threatens force

LONDON — West African leaders on Sunday threatened military action against the junta that seized power last week in a…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

Goldman Sachs cuts odds of a U.S. recession in the next year

Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down…

Yellen says ‘direct’ and ‘productive’ Beijing talks a step forward in putting U.S.-China ties on ‘surer footing’

U.S. Treasury Secretary Janet Yellen said 10 hours of meetings with Chinese officials in two days were “direct, substantive and…