AP Business - Economy

The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020

The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020

Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years

Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years

American consumers felt more confident in July as expectations over the near-term future rebounded

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates

Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy

China’s powerful Politburo has endorsed the ruling Communist Party's strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.”