By Leigh Thomas PARIS Global economic growth will pick up only moderately over the next year as the

European stocks advanced as US inflation cooled more than expected, reducing the possibility of further rate hikes by

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024

Dutch Finance Minister Sigrid Kaag said she will step down as the leader of Netherlands’ second largest political

Google on Wednesday unveiled a next-generation Pixel smartphones lineup that will be infused with more with more artificial intelligence tools capable of writing captions about photos that can be altered by the technology, too

An ongoing drought and soaring temperatures have unleashed fears of an olive "catastrophe" in Spain, the world's largest producer of olive oil, which suffered a...

HSBC Holdings Plc’s head of public affairs criticized the US for strong-arming the UK into cutting back business

By Jihoon Lee and Joyce Lee SEOUL (Reuters) -South Korea's central bank on Thursday held interest rates steady for a

Grocery prices in the United States cooled in August, up just 0.2% for the month. That's an improvement from July, when grocery prices were up 0.3%, according to the latest Consumer Price Index, released Wednesday.

Forget the fireworks, we're looking forward to Fourth of July furniture sales this year...and the year after that...and the year after that. Of course, fashion deals are great and beauty discounts are definitely worth carting — but for a real holiday weekend rush, why not score some big-ticket items with itty-bitty price tags?

SAO PAULO Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais

By Nivedita Balu TORONTO The roughly 75,000 Canadian homeowners awaiting mortgage renewal notices next month are bracing for