US opens up banking to private Cuban businesses as it aims to boost private sector
The U.S. is lifting some financial restrictions on Cuba in a move designed to boost private businesses on the islandBy...
archiveRecessions and depressions
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
WASHINGTON -- It was a time of fear and chaos four years ago.The death count was mounting as COVID-19 spread....
Confidence of US consumers continues to decline as Americans worry about the future
U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futuresBy MATT...
Yen retreats after U.S. data as eyes turn from Tokyo to Fed
The dollar index gained ground after economic data showed U.S. labor costs increased more than expected in the first quarter...
Why are so many voters frustrated by the US economy? It’s home prices | Ap
WASHINGTON — Lori Shelton can’t fathom ever having the money to buy a home — and that’s a major reason...
Why are so many voters frustrated by the US economy? It’s home prices
WASHINGTON -- Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason...
Bank of England says UK recession is modest in historical terms and that upturn is probably underway
Bank of England Gov. Andrew Bailey says the U.K.’s economic recession, which was confirmed last week, is modest by historical...
US dollar drifts higher after producer prices data
Tuesday's report showed the PPI gained 0.3% in January, up from forecasts of a 0.1% rise. On a year-on-year basis,...
Recession: Japan has lost its spot as the world’s third-largest economy
TOKYO (AP) — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and...
Recession has struck some of the world’s top economies. The US keeps defying expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along....
