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"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
Confidence of US consumers continues to decline as Americans worry about the future
WASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated.
Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping
NEW YORK (AP) — Some of the world's wildest action in financial markets is roiling around the Japanese yen.
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IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
WASHINGTON (AP) — The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of and the shock of war in , but "there is plenty to worry about,'' including stubborn inflation and rising levels of government debt.
China's economy grew 5.3% in first quarter, beating expectations
HONG KONG (AP) — China’s economy in the first quarter beat expectations while receiving a boost from policies and an increase in demand, the government said Tuesday.
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U.S. stocks soar above global markets, giving investors solid path for growth
NEW YORK (AP) — U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world.
China says economy 'stable,' rejects Fitch Ratings downgrade of its fiscal outlook
BANGKOK (AP) — China’s Finance Ministry denounced a report by that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and reasonable level and risks are under control.
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ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices
LUANG PRABANG, Laos (AP) — Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still pose serious risks, regional financial leaders said Friday.
Inflation has slid again in Europe. What that means for interest rates
FRANKFURT, Germany (AP) — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two and France.
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US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
WASHINGTON (AP) — The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate.
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IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
COLOMBO, Sri Lanka (AP) — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday.
China's foreign minister meets New Zealand counterpart, beginning trip that also includes Australia
WELLINGTON, New Zealand (AP) — Chinese Foreign Minister Wang Yi said Monday that his country is ready to work with New Zealand to deepen trade and economic ties and address climate change.
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US consumer sentiment ticks down slightly, but most expect inflation to ease further
WASHINGTON (AP) — Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing.
Why are so many voters frustrated by the US economy? It's home prices
WASHINGTON (AP) — Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election.
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Japan's economy avoids recession by growing in last year's final quarter, according to revised data
TOKYO (AP) — Japan's economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction.
Biden calls out 'shrinkflation' as part of a broader strategy to reframe how voters view the economy
WASHINGTON (AP) — President Joe Biden is going all-in on calling out “shrinkflation.”
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Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
HONG KONG (AP) — Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time.
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
SAO PAULO (AP) — Brazil's economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva, according to the government statistics institute Friday.
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Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher
BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
American consumers are feeling less confident this month as concerns over a possible recession grew.
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Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
TOKYO (AP) — Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index touched another record high in morning trading.
Average long-term US mortgage rose again this week to highest level since mid December
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up.
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Consumers sentiment rose slightly last month as growth improves, inflation falls
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after , underscoring that Americans are starting to feel better about the economy after several years of gloom.
Recession has struck some of the world's top economies. The US keeps defying expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along.
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Stock market today: Asian shares track Wall Street's rebound
BANGKOK (AP) — Shares rose in Asia on Thursday after Wall Street stocks recovered much of their sharp losses from a day before.
Diamondback Energy to buy Endeavor in $26 billion deal creating a drilling giant in Southwestern US
Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwestern United States.
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