Billionaires are mostly concerned about geopolitical tensions and inflation.
John Williams said interest rates should keep a restrictive stance for "quite some time.''
An OPEC+ delegate told Reuters about Brazil's plans to join the international oil cartel. The government didn't confirm the report.
OPEC+ will reportedly expand existing production cuts; oil prices are up as a major climate summit gets underway.
The upward revision was caused by stronger business investment and government spending.
India's global market share in the pharmaceutical business is expected to grow and is estimated to exceed $130 billion by 2030.
Google has successfully launched a joint venture with a startup to power data processing centers using energy from the Earth.
Online shopping attracted more consumers than physical stores, the National Retail Federation said.
Thermal and photovoltaic solar installations outpaced all other energy sources for the 12th consecutive year by a considerable margin.
Consumer expectations for future conditions still remain at a level that indicates a recession next year.
India sourced 70% of its 57 million tonne metallurgical coal imports from Australia in FY 2022. However, this year, by November, the imports have dropped to 50%.
OPEC's Secretary General loudly defended continued investments in oil and gas on Monday, just days before the beginning of COP28 in Dubai.
One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported.
There have been the best, the worst and the mediocre times for emerging market equities. This year was modest, with the iShares Emerging Markets Index (EEM) gaining 4.3% YTD compared to 18.7% of the S&P 500.
High mortgage rates and the increase in the inventory of homes for sale are putting downward pressure on prices.
The residential real estate market is responding to high interest rates.
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The initiatives comes after supply chain disruptions led to an acceleration of inflation after the pandemic.
In recent weeks, small stocks, financials and real estate stocks have led gains on Wall Street as investors bought shares of companies that could benefit from a new investment narrative: declining interest rates and a growing economy.
U.S. housing data, manufacturing in China and earnings of retailers and Canadian banks are also scheduled for the next few days.
To find out how a small country like Greece ends up competing in the medical service sector and how Americans take advantage of it, International Business Times spoke with Dr. George Patoulis, president of the Athens Medical Association and Elitour, the Greek Health Tourism Council.
The unintended consequence of the surge in global anti-Semitism is altering the dynamics of the Israeli housing market.
US climate envoy John Kerry will unveil the first-ever international nuclear fusion strategy at COP 28.
The University of Michigan says consumers see the possibility of inflation accelerating again.
Spain's pursuit of net-zero carbon emissions took a step forward on Wednesday.
The data show resilience in the labor market while manufacturing struggles.
Rates are responding to the drop in Treasury yields as inflation and the economy slow.
The minutes say rates could rise more if progress on fighting inflation isn't sufficient.
An imminent deal will enable Shell and NGC to jointly operate the field under a 70%-30% ownership, delivering crucial foreign capital to Venezuela via project revenue.
The drop was worse than economists expected as homebuyers are discouraged to make purchases.
Concessions are more common in areas where construction of multi-family homes are booming.
Quarterly sales were below analyst's estimates for both companies
Member countries of OPEC+ have collectively reduced their operational oil capacity by 5.2 million barrels per day in 2023, constituting approximately 5% of global oil production.
Argentina's next president is a far-right "chaos agent." Will he be able to unleash the country's economic potential?