The US economy is defying expectations, says Biden's top economic adviser
The resiliency of the US economy is defying expectations — and the odds of a "soft landing" are improving, said Lael Brainard, President Joe Biden's top economic adviser, on Wednesday afternoon.
2023-07-13 01:19
The US economy can't function smoothly without UPS. That's why a strike will hurt
The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.
2023-07-07 21:16
The White House is selling 'Bidenomics.' Is anyone buying?
President Joe Biden's top economic advisers believe the worst effects of inflation are in the rear-view mirror. They are increasingly confident the economy is heading for a soft-landing, averting a recession. And a growing number of economists are beginning to agree.
2023-06-28 17:15
Ukraine war: Push to rebuild economy starts with UK's $3bn
The World Bank says many years of financial support are needed as London hosts a major conference.
2023-06-21 08:23
What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:47
Will the I-95 collapse in Philadelphia hurt the economy? Look at other cities for answers
A section of northbound I-95 in Philadelphia collapsed Sunday after a tanker truck caught fire underneath the highway. The southbound side is also "compromised by heavy fire," city officials said Sunday.
2023-06-12 20:50
Ireland 'needs influx of construction workers'
An economic watchdog warns "significant immigration" of construction workers could be needed to address a housing shortage in the Republic of Ireland.
2023-06-07 19:29
Debt ceiling deal won't have much impact on the US economy, analysts say
President Joe Biden and House Republicans have finally agreed on a deal to raise the federal government's debt limit. Here's how it could affect the world's biggest economy.
2023-06-01 03:17
Too few jobs, too many workers and 'no plan B': The time bomb hidden in India's 'economic miracle'
For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.
2023-05-28 07:53
Bola Tinubu inauguration: The five tests awaiting Nigeria's new president
Bola Tinubu is taking over the presidency of Nigeria - a giant nation with gigantic problems.
2023-05-27 07:52
Factbox-Excerpts from G7 leaders' statement on economic coercion
Leaders of the Group of Seven (G7) agreed on Saturday to establish an initiative to counter economic "coercion",
2023-05-20 14:59
G7 leaders agree to new initiative to fight economic coercion
TOKYO Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged
2023-05-20 14:29