Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal. Sunday’s announcement came after a weekend of emergency talks

The Federal Reserve and five other leading central banks have taken fresh measures to improve global access to dollar liquidity as financial markets reel from

For much of the early part of 2023, the economy seemed to be humming along. Inflation was hot, but continuing to ease. The labor market

Almost wherever you look, companies seem to be scaling back their ambitions. Meta, the owner of Facebook, recently said that it would invest less in

If a number defined the 2010s, it was 2 percent. Inflation, annual economic growth, and interest rates at their highest all hovered around that level —

The EU’s banking sector may be in “overall good shape,’’ according to the Commission, but the European Central Bank is cautioning that some lenders could

Applications for unemployment benefits fell last week, showing the U.S. labor market remains strong as other signs point to a cooling economy. Initial jobless claims,

The European Central Bank has raised interest rates across the eurozone by 0.5 percentage points, despite fears that higher borrowing costs could set off a

The largest US banks have banded together to deposit $30bn into First Republic Bank in an attempt to bolster its finances and contain the fallout