Rocky Road to Dedollarization: Sergei Glazyev Interview

Very few people in Russia and across the Global South are as qualified as Sergei Glazyev, the Minister for Integration and Macroeconomics of the Eurasia Economic Commission (EEC), the policy arm of the Eurasia Economic Union (EAEU), to speak about...

Australia's new $5 note won't feature King Charles

Australia's new $5 banknote will not feature Britain's King Charles III, but rather a new design that honors "the culture and history of the First Australians," its central bank announced Thursday.

How major US stock indexes fared Friday 11/18/2022

Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading

How major US stock indexes fared Friday 10/21/2022

Stocks closed higher on Wall Street Friday, notching sizable weekly gains for major indexes

Liz Truss' waning power brings political plots, and jokes

This has not been a good week for Liz Truss

Liz Truss' waning power brings political plots, and jokes

This has not been a good week for Liz Truss

World shares mostly gain after rally on Wall Street

World shares are mostly higher, tracking the latest rally on Wall Street

Last chance to lock in a nearly 10% return on your savings

Inflation is soaring, markets are down and savings rates are still very low. But there's one investment that offers a nearly 10% return for the next several months. But you'd need to act quickly.

UK Treasury chief scraps nearly all government tax cut plans

U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago including a planned cut to income tax

How major US stock indexes fared Friday 10/14/2022

Stocks ended broadly lower on Wall Street, leaving most major indexes in the red for the week, as more concerns emerged about inflation

'Slow-moving car crash.' There's no quick fix for the UK market mess

The Bank of England is struggling to contain a crisis triggered by the UK government's brash plans to borrow heavily to pay for tax cuts, feeding fears that the country's financial markets could once again spin out of control.

How major US stock indexes fared Wednesday 10/12/2022

Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day

EXPLAINER: What caused UK's economic crisis and what's next?

Prime Minister Liz Truss took office last month promising to rebuild the British economy and put the nation a path to “long-term success.”

EXPLAINER: What caused UK's economic crisis and what's next?

Prime Minister Liz Truss took office last month promising to rebuild the British economy and put the nation a path to “long-term success.”

Bank of England expands efforts to stabilize bond market

The Bank of England is expanding its efforts to stabilize the bond market to include inflation-linked bonds amid continuing concerns about the government’s budget

How meltdown in a $1 trillion market brought the UK to the brink of a financial crisis

Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees — favors cool heads over brash risk takers.