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Global Stock Markets Close Lower Amid Iran Deal Uncertainty...
LONDON — Global stock markets closed lower on Friday as investors weighed uncertainty surrounding negotiations between...
Cash Transfer Boom in India Raises Long-Term Budget Concerns...
NEW DELHI — India's state governments have sharply expanded unconditional cash transfer programs in recent years, prov...
Stock Markets Rally Worldwide After Iran War Ceasefire Agreement...
NEW YORK — Stock markets around the world rallied on Monday and Tuesday after a preliminary agreement between the Unit...
US Inflation Remains at 4.2 Percent as Fed Weighs Policy Shift...
WASHINGTON — U.S. inflation rose to 4.2 percent in May, the highest annual rate in more than three years, as the Feder...
Oil Tankers Divert to Middle East Ahead of Hormuz Reopening...
SINGAPORE — Oil tankers are increasingly positioning to return to the Middle East as industry participants prepare for...
US Private Employers Add 122,000 Jobs in May ADP Report Shows...
WASHINGTON — U.S. private employers added 122,000 jobs in May, according to the latest ADP National Employment Report,...
Bank of Korea Warns AI Bonus Windfalls Could Fuel Broader Inflation...
SEOUL — The Bank of Korea warned on Wednesday that large bonus payments and wage increases linked to the artificial in...
Oil Prices Decline Following Announcement of US-Iran Memorandum...
SINGAPORE — Oil prices declined this week after the United States and Iran announced a draft memorandum of understandi...
Global Growth Projections Hold Steady Amid Geopolitical Tensions IMF Says...
WASHINGTON — Global economic growth projections remain broadly stable despite continuing geopolitical tensions, the In...