Fed Chair Jerome Powell says the Federal Reserve will push rates higher than previously expected and keep them there longer to fight a stubborn bout of inflation

Wall Street closes sharply higher after Fed Chair Jerome Powell signals slower interest rate hikes; S&P 500 up 3.1%

U.S. job openings dropped in October but remained high, a sign that businesses became slightly less desperate for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy

The head of the International Monetary Fund says it’s time for China to move away from mass lockdowns under its “zero-COVID” approach

The U.S. economy grew at a 2.9% annual rate from July through September despite high interest rates and chronic inflation, the government said Wednesday in an upgrade from its initial estimate

Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs

Asian shares are trading mostly lower ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes

IMF chief tells AP: US Fed "has no option but to stay the course" on interest rate hikes, "they owe it" to world economy

IMF chief tells AP: China should be "moving away from massive lockdowns," urges "recalibration" of zero-COVID policy