The International Monetary Fund (IMF) cut its economic growth forecast for the US to 2.3% for 2022, citing record inflation…
The Bank of Canada announced Wednesday it increased interest rates by 100 basis points, which marked the steepest rate hike…
Gold, precious metals, crude oil, Bitcoin, and cryptocurrencies tumbled, while dollar increased as US inflation came much higher than market…
Global oil supply in June increased by 690,000 barrels per day (bpd) to around 99.5 million bpd, the International Energy…
US stocks closed Tuesday in negative territory one day before key consumer inflation figures are released.  The Dow was down…
The EU on Tuesday accepted Croatia as the 20th eurozone member, allowing it to adopt the single currency from January…
Military delegations from Türkiye, Russia, Ukraine and UN officials will come together in Istanbul on Wednesday to discuss shipment of…
The world has never witnessed such a major energy crisis in terms of its depth and its complexity, Fatih Birol,…
Euro declined to a fresh 20-year low level against US dollar on Monday, with the US Federal Reserve's monetary tightening…
Near-term inflation expectations in the US hit a record high level in June, according to the Federal Reserve Bank of…
Global ratings agency Fitch has raised the US' outlook to "stable" from "negative," saying the revision reflects the government’s improved…
Scandinavian airline SAS has filed for bankruptcy protection in the US as a strike by its pilots added to its…