ECONOMY & MARKETS

China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.

AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund's managing director, Kristalina Georgieva, said in an interview in Washington, shortly before departing for the annual World Economic Forum in Davos, Switzerland.

Reducing waste is one way to make meat production more sustainable -- not just for the environment, but for the people who produce and consume it.

Arti empowers businesses with hassle-free loans, quick prequalification and AI-driven lending.

Credit Unions offer better deals with lower fees and higher savings rates. They are also as secure as banks, with up to $250,000 insured.

The sum of all fears among traders and investors over valuations and the direction of monetary policy fueled the reversal in the fortunes of the U.S. equity and bond markets.

The picturesque Himalayan kingdom of Bhutan holds general elections on Tuesday with serious economic challenges calling into question its longstanding policy of prioritising "Gross National Happiness" over growth.

The U.S. economy generated 216,000 jobs in December 2023, outpacing expectations and sending a strong signal of a safe landing.

The leader is optimistic about the country's economy, but economic numbers do not support this optimism.

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

Oil had a smooth ride in 2003. The first part of the year traded in the $70.28-79.47 per barrel range, jumped to $89,19 in the second part and ended very close to where it began at $72.47.

US oil output continues to reach new heights; Houthi attacks in the Red Sea persist; OPEC's eighth-largest producer is leaving the cartel.

India's startup ecosystem is a vibrant and exciting space, bursting with potential and brimming with success stories.

India's top court on Wednesday rejected pleas to set up a new panel to probe allegations of fraud made against the Adani group by short seller Hindenburg Research.

Corporate earnings and their derivative, cash-free cash flow, have always been on Wall Street's radar. They are a critical input in almost every model, which calculates the intrinsic value of a company as the present value of future cash flows to stockholders.

President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.

As many Western countries re-embrace nuclear power as they look to transition to fossil fuels, Madrid takes a different tack.

U.S. stocks and bonds are heading into the new year with plenty of tailwinds that could broaden the rally, though risks to the downside remain.

Though past performance isn't a guarantee for future performance, as the usual Wall Street disclaimer goes, there is a good reason to believe that the Magnificent Seven will continue to outperform the market for many more years.

After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries.

Cecilia Rojas has scoured shops across greater Buenos Aires to find an affordable gift for her children this Christmas, which is set to be a gloomy affair as the country grapples with its worst economic crisis in decades.

The US's leading fusion laboratory is ahead of schedule. How soon until utility-scale nuclear fusion becomes a reality?

New solar installations have accelerated the transition away from natural gas and coal in two of Europe's leading economies.

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

One of the drivers for last week's gains was comments from Federal Reserve Chairman Jerome Powell signaling the end of the current monetary cycle tightening and the preparation for pivot — interest rate cuts.

US Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

Warren Buffett's conglomerate increased its ownership of Occidental this week, signaling approval of the Houston-based oil company's purchase of CrownRock.

US consumers kicked off a strong start to the holiday shopping season, according to the latest data from the Commerce Department, giving retail sales a boost despite negative expectations.

Record domestic oil output is driving down gas prices.