Artificial intelligence models lack transparency, according to a study published Wednesday that aims to guide policymakers in...

The Chinese economy has slipped into deflation, with consumer prices falling for the first time in more than two years in another sign of weakening demand.

The U.S. sanctioned a group of Russian-intelligence linked individuals Monday for their role in allegedly helping the Kremlin destabilize Moldova’s democratically elected government through protests in the nation’s capitol earlier this year

US President Joe Biden nominated Philip Jefferson to the number two job at the Federal Reserve Friday, a position left vacant since Lael Brainard left...

As a little girl helping her parents and grandparents in the rolling vineyards of northeast France, Sophie Moussié

TAINAN, Taiwan--(BUSINESS WIRE)--Nov 13, 2023--

Canadian miner Teck Resources missed market estimates for third-quarter profit on Tuesday, hurt by lower steelmaking coal sales

China's exports fell in May for the first time since February, data showed Wednesday, breaking a two-month growth streak as a post-Covid rebound faded and adding to speculation that...

Chancellor of the Exchequer Jeremy Hunt is planning to extend tax breaks for the hospitality sector and small

By Mike Dolan LONDON Even with two geopolitically risky wars raging and a series of critical elections next

NFL owners have unanimously approved the sale of the Washington Commanders from Dan Snyder to a group led by Josh Harris

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024