Survey: Business economists favor increased federal spending
WASHINGTON — A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that...
Turkish lira plummets after Erdogan fires central bank chief
ANKARA, Turkey — The Turkish currency plummeted against the U.S. dollar on Monday after President Recep Tayyip Erdogan fired the central bank governor over...
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company reported...
Cabinet formation talks in Lebanon collapse amid crisis
BEIRUT — Talks on the formation of a new Cabinet in Lebanon collapsed Monday, heralding more economic and financial collapse for the small Arab...
A very happy anniversary for the stock market
NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Turkish lira plummets after Erdogan fires central bank chief
<p>ANKARA, Turkey — The Turkish currency plummeted against the U.S. dollar on Monday after President Recep Tayyip Erdogan fired the central bank governor over...
Cabinet formation talks in Lebanon collapse amid crisis
<p>BEIRUT — Talks on the formation of a new Cabinet in Lebanon collapsed Monday, heralding more economic and financial collapse for the small Arab...
A very happy anniversary for the stock market
<p>NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Canadian Pacific agrees to buy Kansas City Southern for $25B
NEW YORK — Canadian Pacific Railway Ltd. has agreed to buy Kansas City Southern for $25 billion in cash and stock, creating the first...
Supply bottlenecks leave ships stranded, businesses stymied
<p>NEW YORK — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast...