Economy

More than 700 delegates and 300 companies participated in the third edition of the American Chamber of Commerce summit in the Kenyan capital, Nairobi, organizers said. U.S. government and private sector delegations met with counterparts…
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Jack Ma, one of China’s most prominent entrepreneurs, returned to China this week after traveling overseas for more than a year, in what is being interpreted as evidence of an improved climate for the nation’s private sector. He paid a…
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Poland's agriculture minister promised financial support from the government and the European Union and easier rules for constructing grain storage as he met Wednesday with farmers angered by falling grain prices. Farmers in Poland blame…
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The scope of blame for Silicon Valley Bank's failure stretches across bank executives, Federal Reserve supervisors and other regulators, the banking system's top cop on Wednesday told U.S. lawmakers demanding answers for the lender's swift…
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Gordon Moore, the Intel Corp. co-founder who set the breakneck pace of progress in the digital age with a simple 1965 prediction of how quickly engineers would boost the capacity of computer chips, has died. He was 94. Moore died Friday…
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From Zimbabwe, where many must work at night because it's the only time there is power, to Nigeria where collapses of the grid are frequent, the reliable supply of electricity remains elusive across Africa. The electricity shortages that…
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The multi-regulator U.S. Financial Stability Oversight Council (FSOC) agreed Friday that the U.S. banking system remains "sound and resilient" despite stress on some institutions, the U.S. Treasury said in its latest statement to calm…
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Adeline Lefebvre was scrunched up next to a newsstand as a swelling crowd of demonstrators pushed past her at the Place de la Bastille — the iconic Paris square that earned its fame from French Revolution days. Rock music blared and the…
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Worries about recent bank failures and bailouts are rippling through the world economy, from New York to Beijing, and central bankers are working to calm depositors and financial markets. Mike O’Sullivan reports from California, where a…
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The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.…
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