Economies

The author of a new study on the effect of increasing the federal minimum wage to $15 says that while the move would boost the incomes of some lower-wage workers, ...

WASHINGTON—The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain ...

WASHINGTON—The number of Americans filing new applications for unemployment benefits fell slightly last week as the labor market ...

WASHINGTON—The U.S. government posted a budget deficit of $163 billion in January, a record high for the month ...

FRANKFURT—Germany's Commerzbank reported a $3.3 billion fourth-quarter loss on Thursday, sinking further into the red as it continued ...

Nearly half of all British exporters are facing difficulties in the trade of goods following the UK’s exit from ...

DETROIT—General Motors' profit fell 4.5 percent in 2020, but a strong second half more than offset the effects ...

BRUSSELS—Heineken plans to cut about 8,000 jobs, the Dutch beer group said on Wednesday, seeking to restore operating ...

WASHINGTON—Soon after the November 2020 presidential election, the Federal Reserve declared climate change as a potential threat to ...

LONDON—Spending by British consumers plunged in January at the fastest rate in seven months as the country went ...

LISBON/DHAKA—Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents ...

Companies raised $546 billion from new bond and share issues in January, as a flood of central bank ...

BRUSSELS—Eurozone consumer inflation rebounded by much more than expected in January, a flash estimate showed on Feb. 3, ...

LONDON—The eurozone’s economic downturn deepened in January as renewed restrictions to quell the spread of the coronavirus hit ...

WASHINGTON—The International Monetary Fund sent $350 million in cash to the Burma (also known as Myanmar) government two ...

Amazon founder Jeff Bezos, one of the richest men in the world, would owe some $2 billion a ...

LONDON—Exports from Britain to the European Union fell by 68 percent in January as trade was disrupted after ...

A second round of accommodation vouchers designed to help the tourism sector during the COVID-19 pandemic has provided ...

Australia may follow New Zealand in excluding the agriculture sector in its efforts to achieve a net zero ...

The Victorian government has tipped $10 million into a hub in Melbourne's southeast that will test and improve ...

Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop ...

LONDON—Oil prices extended gains on Feb. 4 after the OPEC+ alliance of producers stuck to its reduced output ...

Treasury Secretary Janet Yellen said she will hold a meeting Thursday with top financial market regulators to discuss ...

WASHINGTON—U.S. services industry activity raced to its highest level in nearly two years in January, with growth in ...

WASHINGTON—The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows ...

Amazon founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its ...

NEW YORK—The United States Mint stated it was unable to meet surging demand for its gold and silver ...