Turkey's president has appointed Hafize Gaye Erkan, a former U.S.-based bank executive, to head the central bank

Economic bubbles come in all shapes, sizes and levels of insanity, but the Beanie Baby craze was easily one of the most absurd

AUSTIN, Texas--(BUSINESS WIRE)--Oct 10, 2023--

U.S. health officials said at least 43 people have been sickened in 15 states by salmonella linked to certain whole and cut cantaloupes and pre-cut fruit products

By David Shepardson and Joseph White The United Auto Workers on Saturday expanded its strike at General Motors

China’s new premier is taking his first steps into the global spotlight this week, in part thanks to

Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination

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

Deutsche Lufthansa AG is about to embark on a tough journey to pull off a quick turnaround of

CHICAGO--(BUSINESS WIRE)--Aug 31, 2023--

By Howard Schneider WASHINGTON The outlook from U.S. Federal Reserve officials at their meeting this week sees interest

Even after a record stretch of asset sales that total at least $6.6 billion in just two years,