Central banks worldwide are using aggressive interest rate hikes to lasso galloping inflation, at the risk of pulling down the...
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The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled...
Asian markets fell Monday as traders extended last week's rout across risk assets, with expectations high that the Federal Reserve will this week announce...
The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for
China has stepped up spending on coal in the face of extreme weather, a domestic energy crunch and rising global fuel prices -- raising concerns Beijing's policies may...
Sierra Leone is to delay the phaseout of its old currency until next spring, the...
A man held up a Lebanese bank to withdraw his frozen savings Friday, the latest in a string of "depositor heists" in the crisis-hit country...
A Lebanese man carrying a gun and a jerrican of fuel withdrew his frozen savings at gunpoint Friday, the third such incident in...
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling on governments to help boost
US consumers buying cars and going to restaurants and bars in August drove a surprise bounce in retail sales, even as spending on gasoline fell as prices at the