AP Business - Economy

Stocks are slipping following some unnerving profit forecasts from Walmart and Cisco

Stocks drifted to a mixed close as momentum stalled following Wall Street's hot first half of November

President Joe Biden will address a group of CEOs grappling with the risks to their businesses from world crises

President Joe Biden has made America's case to CEOs attending the Asia-Pacific summit in San Francisco that the United States is committed to high standards in trade that will benefit economies across the Pacific

Russia’s State Duma passed a record federal budget in its second reading which aims to increase spending by around 25% in 2024, with record amounts going on defense

The European Union’s executive commission has lowered its growth forecast for this year and next, saying the economy “has lost momentum” in 2023 as inflation weights on consumer spending and higher central bank interest rates deter borrowing for purchases and investment

The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment

Asian shares are mostly higher, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation

Global shares are mostly higher, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation

China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish