Airplane-parts giant Incora and two other big businesses filed for chapter 11 in Texas, showcasing the state’s growing appeal as a landing spot for financially distressed companies...
Switzerland’s economy looks to be cooling, offering the Swiss National Bank an opportunity to pivot to a smaller 25 basis-point rate increase at its meeting next...
Listen to article (2 minutes) WASHINGTON—The path to a tentative agreement to raise the debt limit started in January with the election of Kevin McCarthy as...
Investments in solar power are on course to overtake spending on oil production for the first time, the foremost example of a widening gap between renewable-energy...
Turkey’s central bank said Thursday that it kept its benchmark interest rate on hold at 8.5%, continuing a policy of low interest rates demanded by President...
The Bank of England could raise interest rates by 25 basis points in June, August and September after the latest inflation data reinforced evidence of the...
China’s central bank on Monday kept the benchmark lending rates unchanged, as expected, despite recent data signaling a patchy economic recovery. The steady rates were widely...
Listen to article (2 minutes) In a matter of weeks, the U.S. could become unable to pay the nation’s bills. Republican leaders in the House and...
SYDNEY—Having advertised its annual budget delivered Thursday as a “no frills” affair, the New Zealand government instead unveiled a generous increase in fiscal stimulus that could...
Headwinds in the manufacturing sector could put a lid on any economic rebound in Europe, HSBC economist Christian Fuertjes writes in a note. Germany’s ZEW survey...