AP Business - Economy

The OPEC oil cartel and allied producers have made another big swipe at propping up lagging crude prices

The OPEC oil cartel and allied producers have made another big swipe at propping up lagging crude prices

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government said in an upgrade from its previous estimate

Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates

Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country

Wall Street was poised to open with gains on Wednesday despite a gloomy global economic forecast while oil prices rose ahead of an OPEC meeting later this week

Stocks are edging higher on Wall Street following some encouraging updates from U.S. companies including General Motors

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy

Shares have opened lower in Europe after a mixed day in Asia as investors looked ahead to updates on inflation and how American consumers are feeling about the economy