The US Treasury will take “extraordinary measures” to meet its debt obligations as the US government is expected to hit its $31.4tn borrowing limit on

Price rises of many goods outstripped December’s 10.5% inflation rate with bread up 20.5%, electricity 65.4% and hotels 18.1%. The UK’s inflation rate fell for

Retail spending fell in December at the sharpest pace of 2022, marking a dismal end to the holiday shopping season as rising interest rates, still-high

Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5% of its

UK inflation fell back slightly in December to 10.5% but remains at one of the highest levels in 40 years as the cost of living

Gita Gopinath, the International Monetary Fund’s No. 2 official, said the global economy has shown “signs of resilience,” and European Central Bank Governing Council member

Shareholders like profits: a steady stream of income they can count on, quarter after quarter. The earnings America’s biggest banks make, however, are often pushed

The end of the free-money era has put a chill in the Swiss mountain air. Business leaders and economists gathered here for the World Economic

Young people have always perplexed their elders. Today’s youngsters are no different; indeed, they are baffling. They have thin wallets and expensive tastes. They prize