China hits back at criticism over excess industrial capacity as more US tariffs loom
HONG KONG — HONG KONG (AP) — China pushed back Tuesday against claims of overcapacity in the world’s…
Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
WASHINGTON — American consumers — and the Federal Reserve — are being hit with another high-cost headache .…
U.S. filings for unemployment benefits fall to 226,000 last week as layoffs remain historically low
WASHINGTON (AP) — The number of Americans applying for jobless aid fell modestly last week as layoffs remained…
World Bank clarifies stance on Nigeria fuel imports
The World Bank Group has clarified its position on fuel imports in Nigeria following backlash over recommendations contained…
A stubborn inflation gauge stayed hot in February, even before Iran war gas spike
WASHINGTON (AP) — A key measure of inflation stayed high in February, before the war in Iran spiked…
ECB head Lagarde thinks businesses may be quick to raise prices due to Iran war
FRANKFURT, Germany (AP) — The head of the European Central Bank says that businesses may be quicker to…
Australia’s central bank raises interest rate to 3.85% after 3 cuts
MELBOURNE, Australia — MELBOURNE, Australia (AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a…
Australia’s central bank raises interest rate to 3.85% after 3 cuts
MELBOURNE, Australia — MELBOURNE, Australia (AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a…
Economic leaders at Davos say global growth is resilient despite Trump disruption
DAVOS, Switzerland (AP) — Leading global economic policymakers at the World Economic Forum in Davos urged countries and…
Davos 2026: Jamie Dimon strikes pragmatic tone on borders, trade and global stability
Davos 2026: JPMorgan Chase CEO and chairman Jamie Dimon offered a nuanced defence of tighter U.S. borders, cautioned…
Germany’s troubled economy shows modest growth after two years of shrinkage
FRANKFURT, Germany — Germany’s troubled economy returned to modest growth last year after two years of falling output,…
RBA plays the long game on inflation, so an interest rate rise could still be some way off
Unlike his Bazballing compatriots, Reserve Bank deputy governor Andrew Hauser doesn’t strike me as hasty, at least not…