The Latest Breaking News from Economy

Amidst high inflation, tight monetary policy, and a slowing economy, meme stock Bed Bath & Beyond (BBBY) is struggling to keep its head above water. Hence, the stock is best avoided. Keep reading.

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold a periodic meeting on Thursday when options to contain successive shocks to the Egyptian economy remain limited before growing local and global crises. CBE will likely raise interest rates at today’s meeting to curb inflation, which…

Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world's second-largest economy, seeking to win over foreign investors even as trade and geopolitical tensions with the West loom large.

Australia is about to take a big, constructive step on climate change policy: we will have a carbon price for the industry sector, under the safeguard mechanism.

The Scottish economy is forecast to shrink by 0.7% in 2023.

Advanced Info Service (AIS) has unveiled its long-term business direction, which it calls an ecosystem economy, aiming at strengthening its operations and economic growth through partnerships.

Carbon pricing is all the rage these days, at least in the developed world. But while global leaders and experts -- most of them from rich countries -- increasingly embrace the idea of putting the "right price" on carbon, the concept remains vague and ill-defined. Worse, its growing acceptance and…

US lawmakers say the embattled bank Credit Suisse has violated the terms of a plea deal related to tax evasion. A two-year investigation suggests the lender has continued to conceal the bank accounts of wealthy Americans. Meanwhile, UBS has brought back former CEO Sergio Ermotti to lead its takeover of…

May WTI crude oil (CLK23 ) on Wednesday closed down -0.23 (-0.31%), and May RBOB gasoline (RBJ23 ) closed down -4.32 (-1.61%). Crude oil and gasoline prices Wednesday fell back from 2-week highs and posted moderate losses on concern about a slowing economy. Weekly EIA distillate stockpiles unexpectedly declined, which...