The Latest Breaking News from Stephen Carroll

World powers, including the United States and the European Union, have announced their first round of sanctions against Russia over its recognition of two breakaway republics in Ukraine. They include blacklisting certain banks, barring American and European banks from trading Russian government bonds, and targeting individuals with asset freezes and…

The number of daily users of Facebook has fallen for the first time in the social network's 18-year history. The news sent shares in the platform's parent company Meta plunging by more then 20 percent in after-hours trading on Wall Street – a slump which wipes around $200 billion off…

India's economy is expected to grow by 8.7 percent this year, according to the latest forecast from the International Monetary Fund, but participation in the labour force has fallen and unemployment has risen to a four-month high. How can India jump-start its labour market along with the economy? Stephen Carroll…

Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind"…