The Latest Breaking News from Economy

State Council adds to sweeping guidelines issued Monday for bolstering the economy, offering tax and insurance cost relief for micro, small and medium businesses

Many climate activists, scientists, engineers and politicians are trying to reassure us the climate crisis can be solved rapidly without any changes to lifestyle, society or the economy.

Now with 228 horsepower and standard Apple CarPlay, the BRZ has more appeal than ever.

Russia is cutting gas supplies to Poland and Bulgaria, and is threatening to cut off other countries in Europe.

The U.S. economy’s latest report card — featuring fresh readouts on growth, inflation, spending and wages in the first three months of the year — is set to include a mix of good and bad marks.

The world’s economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish their financial reserves this year and next

Russia's playing hardball on natural gas

Despite a seemingly weakening economy, the Fed has indicated that its forthcoming interest rate increases will be aggressive. Although interest rate hikes bode well for financial companies, fast-paced and aggressive rate increases pose the risk of an economic slowdown. Therefore, we think it could be wise to avoid Wells Fargo…

Some Wall Street banks slashed their profit estimates for Chinese companies, citing the recent Covid resurgence and subsequent lockdowns, Bloomberg reports. China's Covid Zero policy has dealt a heavy blow to the economy, as stringent restrictions pressure supply chains and chill consumption.  A week-long lockdown that shut down much of Shanghai…