Economy

Erdogan wins in Turkey, gets ready to assume sweeping powers

Jun 25, 2018

Recep Tayyip Erdogan, who has dominated Turkish politics for the past 15 years, is set to extend his rule with sweeping powers after winning landmark presidential and parliamentary elections

General strike shuts down Argentine capital

Jun 25, 2018

A strike led by Argentina's largest union confederation has shut down much of the country's capital _ freezing public transportation, airlines, ports, schools, banks and government offices

Carnival shares sink on outlook, cost concerns

Jun 25, 2018

Carnival shares fall as weak outlook cites growing fuel costs

US new-home sales climbed 6.7 percent in May

Jun 25, 2018

Sales of new U.S. homes jumped 6.7 percent in May; South accounts for all of monthly sales growth

Stocks fall on report US may limit tech exports to China

Jun 25, 2018

US stocks are following global indexes lower after the Wall Street Journal said the Trump administration plans to limit high-tech exports to China and restrict investment by Chinese firms in US companies

Currency Markets

Stocks fall on report US may limit tech exports to China

Jun 25, 2018

US stocks are following global indexes lower after the Wall Street Journal said the Trump administration plans to limit high-tech exports to China and restrict investment by Chinese firms in US companies

Global markets, oil rise as OPEC mulls output increase

Jun 22, 2018

Global stocks and oil prices are higher as investors monitor OPEC's discussion on increasing crude production.

Turkey heads to landmark presidential, parliamentary vote

Jun 22, 2018

President Recep Tayyip Erdogan, who has never lost an election, is taking a gamble that will consolidate his hold on power in Turkey if he emerges victorious from Sunday's landmark presidential and parliamentary vote

Asian stocks down as multiple trade disputes worry investors

Jun 22, 2018

Asian stocks are trading lower as investors were still wary over global trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs

Stocks mostly lower amid caution over US-China tensions

Jun 21, 2018

Global markets are most lower amid trade tensions between the U.S. and China

Debt And Bond Markets

As Fed raises rates, popular bond index funds get pinched

Jun 14, 2018

Index funds are surging in popularity due to their low costs and relatively good performance

Italian economist: Markets will judge Italy's spending plans

Jun 8, 2018

The economist who tried to form an Italian government amid political gridlock says he's worried about the new populist leaders' enacting measures that will swell the national debt.

Spain's new leader takes aim at corruption, austerity

Jun 1, 2018

Spain's new socialist prime minister is promising to attack the corruption that helped bring down the outgoing conservative government and says he will help people affected by years of public spending cuts under his predecessor

EU official says Greece's bond market access is 'fragile'

May 31, 2018

A top European Union official in Greece says the country's access to bond markets remains "fragile" amid the ongoing financial turmoil triggered by the political standoff in Italy

Malaysia sets up fund for donations to ease national debt

May 30, 2018

Malaysia sets up fund for public donations to ease massive national debt