Economic News
-
Stock market today: Wall Street yo-yos to a mixed close as oil and bond markets raise the pressure
Wall Street has yo-yoed to a mixed finish as rising oil prices and bond yields crank up the pressure even higher on the stock market
-
A Danish artist who submitted empty frames as artwork is appealing court ruling to repay the cash
A Danish artist who was given a pile of cash by a museum in northern Denmark to create a piece for its exhibition on labor conditions two years ago submitted two empty canvases, causing an uproar
-
US consumer confidence tumbles in September as American anxiety about the future grows
The American consumer is feeling less confident this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period
-
Stock market today: Asian shares dip with eyes on China economy, US shutdown
Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy
-
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
The head of the European Central Bank says interest rates will stay high long enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
-
EU Commission blocks Booking's planned acquisition of flight booking provider Etraveli
The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group
-
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Oil prices are up, and that affects people far and wide
-
Why the US job market has defied rising interest rates and expectations of high unemployment
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households
-
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The British government is considering scrapping a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England
-
Stock market today: Wall Street closes its worst week in six months with more losses
Wall Street wheezed to more losses as it limped to the finish of its worst week in six months
- More Economic News »