Global Economy Slows, but Seems to Be Faring Better Than Feared

The global economy continued to shrink as 2022 drew to a close, but not as severely…

IMF to Lend Egypt $3 Billion to Help Safeguard Economy

CAIRO – The International Monetary Fund reached an agreement on Thursday to lend 3 billion dollars…

The economy may be in better shape than you think…for now

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a…

Moody’s lowers UK’s outlook to negative

London CNN Business — Moody’s Investor Service changed the outlook on the UK government’s ratings to…

Federal Deficit Could Widen as Economy Slows, Borrowing Costs Rise

A cooling US economy and rising interest rates could widen the federal budget deficit, potentially undermining…

Economy Week Ahead: U.S. Housing Market and Inflation Abroad in Focus

Monday China’s National Bureau of Statistics releases third-quarter gross domestic product along with retail sales and…

Economists Now Expect a Recession, Job Losses by Next Year

The US will enter a recession over the next 12 months as the Federal Reserve struggles…

Fundamentals of economy is good; rupee is holding its ground, says Nirmala Sitharaman

Inflation is low compared to other parts of the world, says Union finance minister Inflation is…

Nearly every U.S. CEO bracing for recession over next 12 to 18 months: survey

US CEO confidence has fallen to its lowest level since the Great Recession of 2007-2009, according…

China’s economy is ‘in deep trouble’ as Xi heads to Communist Party congress

Hong Kong CNN business — When Xi Jinping came to power a decade ago, China had…