The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.

Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation

By Elena Fabrichnaya and Alexander Marrow MOSCOW Only five transactions involving foreign companies selling assets in Russia since

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 26, 2023--

LOS ANGELES--(BUSINESS WIRE)--May 26, 2023--

By Elena Fabrichnaya and Alexander Marrow MOSCOW Pressure on foreign banks operating in Russia and the widening scope

Stocks are opening higher on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence

Mexico's economy grew for the sixth quarter in a row in the first quarter, data from Latin America's

WASHINGTON New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending

NEW YORK U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the

The U.S. Drug Enforcement Administration has stripped one of the nation’s largest pharmaceutical distributors of its license to sell highly addictive painkillers after determining it failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis

A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high