Tag: economy
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...
US consumer sentiment ticks higher for second month but remains subdued
WASHINGTON -- Americans' outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such...
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...
US companies see record-low profits in China amid geopolitical tensions, report says
HONG KONG -- American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a...