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Walmart raises profit expectations as more Americans hunt deals in sluggish economy
NEW YORK (AP) — Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the economy.
Iran's currency falls to a new low as nuclear sanctions squeeze its ailing economy
TEHRAN, Iran (AP) — Iran’s rial currency fell Wednesday to a new low of 1.2 million to a U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy.
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UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy
LONDON (AP) — British Prime Minister Keir Starmer on Monday defended his Treasury chief against opposition claims that she misled the public and the markets about the state of the public finances before .
China's factory activity contracts for 8th month in November despite trade war truce
HONG KONG (AP) — China’s factory activity contracted for the eighth straight month in November, according to an official survey on Sunday, underscoring challenges for the country’s economy despite the U.S.-China trade truce.
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UK's Treasury chief set to raise taxes once again in her second budget
LONDON (AP) — Following weeks of speculation, will deliver its second budget later Wednesday since it returned to power in a after 14 years in opposition.
Consumer confidence slides as Americans grow wary of high costs and sluggish job gains
WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath and amid and stubborn inflation.
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Japan OKs $135 billion stimulus package to help revive its sluggish economy
TOKYO (AP) — Japan's Cabinet approved a 21.3 trillion yen ($135.4 billion) stimulus package Friday to help spur the economy through expansionary government spending and to relieve the impact of higher prices.
Fed minutes: Most officials supported more rate cuts but not necessarily in December
WASHINGTON (AP) — A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their in December, according to minutes released Wednesday.
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Japan's economy contracts as exports get hit by US tariffs
TOKYO (AP) — Japan’s economy sank at an annualized rate of 1.8% in the July-September period, government data showed Monday, as sent the nation’s exports spiraling.
The 'eerily similar' ways how Trump and Biden tried to ease anger about the high cost of living
WASHINGTON (AP) — President 's problems with fixing might be giving voters a feeling of déjà vu.
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Diverse and resilient energy production is needed to meet future demand, global report says
much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources, according to an analysis released Wednesday.
Washington's struggling economy takes another economic hit from the government shutdown
WASHINGTON (AP) — With the combination of the , the mass firings of government workers and a , the Capital Area Food Bank in Washington is bracing for the swell of people who will need its help before the holiday season.
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Few analysts have been able to consistently spot strong memecoin setups, but our team has developed a repeatable framework that has helped them identify high-momentum plays early. Now they've uncovered a new project showing similar characteristics, and they want you to see the full breakdown yourself.
European Union welcomes suspension of China's rare earth controls
BRUSSELS (AP) — The European Union has agreed with China on stabilizing the flow of rare earth materials and products from China that are critical elements for many high-tech and military products, an official said Tuesday. EU trade commissioner Maroš Šefčovič met with Chinese Commerce Minister Wang Wentao in Brussels on Friday to discuss issued in April and October, and European regulations on semiconductor sales, said Olof Gill, a spokesperson for the European Commission, the 27-nation bloc's executive arm. Like the U.S., Europe runs a huge trade deficit with China — around 300 billion euro
A Vermont cycling apparel company is trying to survive Trump's tariffs. Will the Supreme Court help?
BURLINGTON, Vt. (AP) — From the moment President Donald Trump on nearly every country, Nik Holm feared the company he leads might not survive.
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Federal Reserve to cut key rate Wednesday, may signal another cut to follow
WASHINGTON (AP) — The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects as the central bank seeks to bolster hiring.
China's next 5-year plan puts focus on high-tech and consumers as trade friction drags on economy
HONG KONG (AP) — China's leaders have vowed to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers “high winds” amid elevated trade tensions with the U.S.
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How Americans are feeling about their chances on the job market, according to an AP-NORC poll
WASHINGTON (AP) — Americans are growing increasingly concerned about their ability to find a good job under , an Associated Press-NORC Center for Public Affairs poll finds, in what is a potential warning sign for Republicans as a promised has given way to and .
After winning Trump's $20 billion, President Milei must win votes as Argentine industry reels
BUENOS AIRES, Argentina (AP) — The factory floor used to roar.
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Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
WASHINGTON (AP) — A sharp poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year.
IMF upgrades US growth outlook as Trump's tariffs cause less disruption than expected
WASHINGTON (AP) — The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration's tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging.
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Germany revises 2025 growth forecast to 0.2%, rising to 1.3% next year
BERLIN (AP) — Germany's new government said Wednesday it expects Europe's biggest economy to see minimal growth of 0.2% this year, with a forecast for 1.3% growth next year and 1.4% in 2027.
Trump says the US has secured $17 trillion in new investments. The real number is likely much less
WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion.
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After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.
Federal shutdown cuts off economic data vital to policymakers and investors
WASHINGTON (AP) — The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their at a time of unusual uncertainty about the direction of the U.S. economy.
Europe's top central banker says economy holding up better than expected in face of Trump tariffs
FRANKFURT, Germany (AP) — Europe's economy is holding up better than expected in the face of U.S. President Donald Trump's new tariffs - in part because the European Union didn't retaliate with self-defeating tariffs of its own, the head of the European Central Bank said Tuesday.
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Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its of second-quarter growth.
Trump's workforce purge batters DC's job market and leads to rise in homes for sale, report finds
WASHINGTON (AP) — The Department of Government Efficiency's has and put more households in the metropolitan area in financial distress, according to a report released Wednesday.
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