The Latest Breaking News from Economy

Fiji is a small nation looking for big investment and it is working hard to make film and reality television productions a "major pillar" of its economy.

There was reason for optimism earlier in the week as the S&P 500 (SPY) advanced nicely after skirting bear market territory. But then on Tuesday WalMart had shockingly poor earnings which was easily ignored. Unfortunately the next day Target reported even worse results and the investment world took notice with…

It is incredible the government that led Australia through the pandemic with one of the highest vaccination rates, some of the lowest per capita death rates and, comparatively, a good story to tell on the economy has decisively lost government.

Paris says all parties in Libya must work together to end the cycle of violence that has divided the country and decimated the economy.

The United States on Friday welcomed that parliamentary elections in Lebanon were held on time and without major security incidents, calling on the political class to swiftly form a new government capable of rescuing the economy and restoring the confidence of the Lebanese people and the international community. “We urge…

Millions of households are under pressure to cut back on spending as prices soar

Rising interest rates, high inflation, the war in Ukraine, and a slowdown in China’s economy are all punishing stocks and raising fears about a possible U.S. recession.

California's minimum wage is likely to rise to $15.50 an hour in January because of inflation, said Gov. Gavin Newsom on Thursday.

Multi-decade-high inflation and aggressive Fed rate increases might push the economy into a recession. So, investors looking to mitigate a market downturn should invest in Dollar Tree (DLTR) and Vertex Pharmaceuticals (VRTX), as they could deliver stable returns because their businesses enjoy a near-inelastic demand.

Last July, Treasury Secretary Janet Yellen celebrated it as a “historic day” when more than 100 nations agreed to a global minimum tax deal meant to reform and equalize the world’s economy

Investors usually seek opportunities to diversify their portfolios by investing in foreign stocks to mitigate the risks associated with the domestic economic and market conditions. Amid the current uncertainties surrounding the domestic economy, investing in foreign banks could allow investors to cash in on different macroeconomic trends. Therefore, we think…