Tag: economy
Stock market today: Wall Street hangs near its records after Chinese stocks soar
NEW YORK -- U.S. stocks are hanging near their records Tuesday after Chinese stocks soared following a slew of moves by the Chinese...
The Fed sees its inflation fight as a success. Will the public eventually agree?
WASHINGTON -- With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all...
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
KYIV, Ukraine -- The European Union pledged on Friday to lend Ukraine up to 35 billion euros ($39 billion) as part of a...
Sri Lanka's presidential election a test for current leader, 2 years after its economy hit bottom
COLOMBO, Sri Lanka -- Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking...
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...
China's economy softens in August as Beijing continues to grapple with lagging demand
BEIJING -- China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp...