Economy

Singapore won't take sides in geopolitical conflicts and will instead take positions that support the rule of law, the country's Education Minister Chan Chun Sing said in his keynote address at the Morgan Stanley Asia Pacific summit in Singapore on Wednesday.He said the world should remain interdependent despite pressures to break up, as any…

London CNN Business  —  Conventional economic logic hinges on a core assumption: Bigger economies are better, and finding ways to maintain or boost growth is paramount to improving society. But what if growth is at best doing little to fix the world’s problems, and at…

As Western governments threaten Russia with a package of unprecedented sanctions aimed at deterring President Vladimir Putin from ordering an invasion of Ukraine, there's one measure in particular that appears to strike fear at the heart of the Kremlin: cutting the country off from the global banking system. US lawmakers have suggested in recent…

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeThursday, December 15, 2022Today's newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go…

BRUSSELS—The European Union hit back against China’s targeting of one of the bloc’s smallest members over its ties to Taiwan, opening a new front in the global battle over Beijing’s use of economic pressure to advance political objectives. The EU said Thursday that it had launched a case against China at the World Trade Organization over alleged…

The purpose of this column is usually fairly clear: to look ahead at the biggest event in the coming week. But this time we are breaking with tradition to bring you the week’s biggest non-event: Davos.Every year the great and the good gather in the Swiss Alps at the grandly titled World Economic Forum to give their answers to the big questions.…

Investors predict the Federal Reserve will cut rates when faced with a slowing economy next year, betting the US central bank is far closer to ending its historic monetary tightening campaign than it has signalled. Traders in the US government bond market are wagering that the Fed will be forced to cut interest rates twice in the fourth…

Economic expert David Bahnsen joins 'Maria Bartiromo's Wall Street' to discuss the November jobs report and offers his outlook for 2023. Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles.…

Cannabis leaders in California's capitol and in the Coachella Valley are warning the industry could soon collapse under excessive taxation. Local cannabis business owners in the valley say some shops are on their last leg – and there's a new push to city leaders to lower taxes so they can stay afloat. CEO of West Coast Cannabis…

Yousef said he has spoken with several friends and other business owners who have been having the same problem. Yousef said he hopes staffing issues across the country improve.“I started working in ’89 as a dishwasher. The past two years have been as stressful as all 32 years combined,” Yousef said. Support Local…