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India ranked third-largest power in Asia, surpassing Japan: Australian think tank

The Asia Power Index assesses 27 countries across the Asia-Pacific region based on their ability to…

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2 mins read

RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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2 mins read

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…

Huileng Tan   


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5 mins read

US economy's fate hangs on jobs report as Fed decides how deep cuts will go

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…

Dan DeFrancesco   


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Stocks rebound as BJP's Haryana win spurs optimism in Indian markets

Analysts attribute this recovery to a combination of bottom-fishing by investors and a boost in mar…

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5 mins read

The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.

As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…

Madison Hoff   


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Potential Trump win could bolster dollar that could impact India, but RBI to stay focused on India’s needs: Barclays Report

This potential shift has raised concerns for some central banks in emerging markets across Asia, wh…

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5 mins read

A trifecta of global crises could snarl supply chains and increase prices

A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…

Eliza Relman   


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5 mins read

Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'

Small breweries damaged by the hurricane are scrambling to help workers and figure out how to rebui…

Allie Kelly,Noah Sheidlower   


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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says

"Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of lev…

Aruni Soni   


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3 mins read

Bad news for coders: The US is past peak software developer

The strong demand for software developers has softened, so it could take more time to land this typ…

Madison Hoff   


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3 mins read

The US economy added more jobs than expected last month as unemployment surprisingly rose

The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedl…

Madison Hoff   


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8 mins read

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.

Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…

Juliana Kaplan,Noah Sheidlower   


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2 mins read

The US Treasury will reportedly send officials to China to smooth out economic tensions between the superpowers

The two days of talks will cover a range of market and business practices that have caused friction…

Yuheng Zhan   


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9 mins read

Japan's historic economic comeback shows just how screwed China is right now

China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get ev…

Linette Lopez   


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3 mins read

RBI's monetary policy committee meeting begins today, announcement on October 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…

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6 mins read

Why so many men in the US have stopped working

Men aren't working at the same rate they did in decades past. We asked two economists to help us fi…

Jacob Zinkula,Andy Kiersz   


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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8 mins read

The stock market is entering a prolonged period of chaos — and that's a good thing

Wall Street is worried about a recession, which means investors are paying closer attention to what…

Linette Lopez