Climate event El Niño could hit the economy from food prices to clothing sales this year
The phenomenon not only has an impact on weather conditions, but studies also show it can cause ripple effects throughout the global economy, impacting everything from food prices to tourism to the number of winter jackets sold in a given year.
2023-06-29 19:52
The White House is selling 'Bidenomics.' Is anyone buying?
President Joe Biden's top economic advisers believe the worst effects of inflation are in the rear-view mirror. They are increasingly confident the economy is heading for a soft-landing, averting a recession. And a growing number of economists are beginning to agree.
2023-06-28 17:20
Ukraine war: Push to rebuild economy starts with UK's $3bn
The World Bank says many years of financial support are needed as London hosts a major conference.
2023-06-21 08:28
What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:58
Will the I-95 collapse in Philadelphia hurt the economy? Look at other cities for answers
A section of northbound I-95 in Philadelphia collapsed Sunday after a tanker truck caught fire underneath the highway. The southbound side is also "compromised by heavy fire," city officials said Sunday.
2023-06-12 19:26
Ireland 'needs influx of construction workers'
An economic watchdog warns "significant immigration" of construction workers could be needed to address a housing shortage in the Republic of Ireland.
2023-06-07 19:27
Debt ceiling deal won't have much impact on the US economy, analysts say
President Joe Biden and House Republicans have finally agreed on a deal to raise the federal government's debt limit. Here's how it could affect the world's biggest economy.
2023-06-01 03:20
Too few jobs, too many workers and 'no plan B': The time bomb hidden in India's 'economic miracle'
For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.
2023-05-28 07:55
Bola Tinubu inauguration: The five tests awaiting Nigeria's new president
Bola Tinubu is taking over the presidency of Nigeria - a giant nation with gigantic problems.
2023-05-27 07:55
Factbox-Excerpts from G7 leaders' statement on economic coercion
Leaders of the Group of Seven (G7) agreed on Saturday to establish an initiative to counter economic "coercion",
2023-05-20 14:49
G7 leaders agree to new initiative to fight economic coercion
TOKYO Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged
2023-05-20 14:26
What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:52