Economy

Some Americans call us ‘Europoor’ - but there are seven ways we’re exceedingly rich

Our US friends may pity Europeans for our low salaries, high taxes and dependence on public transport – but they’re forgetting the really important stuff …

Sugar is outperforming the stock market this year. Here's what's driving it, and where it can go from here

The sweetener's prices surged last week, reflecting a sharp deterioration in the global supply outlook.

Trump turns up the heat on Warsh as Fed rate hike looms

Ten days ahead of the next Federal Reserve meeting, the Trump administration looks to be in a full-court press to halt a rate hike in its tracks.

Why Washington's $40 trillion debt differs from major economies

The United States’s national debt surpassed $40 trillion last month, marking a grim milestone for the richest country in the world.

Why Walmart is moving in on DoorDash, Uber Eats delivery action, starting with donuts, coffee and sandwiches

Walmart's deal to deliver for Dunkin' follows one earlier this year for Subway sandwiches, as the nation's largest retailer targets Uber Eats and DoorDash.

Icons Dolly Parton and Gloria Steinem never officially retired—why that's a choice for some and requirement for others

The idea of never retiring sounds awful to some, but inspiring to others who want to pursue their passions long after they've left full-time work.

Trump's State Capitalism Comes to the Oil Industry With His Unprecedented Venezuela Deal

The deal comes eight months after Washington ousted former President Nicolás Maduro in a military raid.

Goldman Sachs says buy the dip in these five stocks before it's too late

The Wall Street investment bank said this week investors should take advantage of recent declines in several stocks.

From ‘mystery vacations’ to hostels, budget travelers get thrifty as prices rise

Despite rising prices and the travel industry focusing on the luxury segment, budget-minded vacationers are still finding ways to get away.

GM vs. Ford: U.S. defense, energy sectors add to automakers' century-old rivalry

General Motors and Ford are looking for new potential growth areas, including by seeking military contracts and getting into energy storage businesses.

John Healey warns of tough first budget as Middle East war puts pressure on economy

Chancellor says he wants to ensure country has ‘buffer’ against uncertainty as global bond yields hit 18-year high

Trump’s $100 billion Venezuelan oil gamble is a direct hit on Russia and Canada

President Donald Trump recently announced a monumental oil agreement with Venezuela’s interim President Delcy Rodriguez, partnering with private energy operators to secure majority control over 17 key oil fields holding an estimated 65 billion barrels of proven reserves. This landmark pact follows the U.S. military capture of Nicolas Maduro during Operation Absolute Resolve earlier this year. Supporters present the agreement as a multilayered solution to pressing global crises. It isolates Russia, eats into Canada’s market share, but most urgently, it aims to secure energy supplies for American consumers facing a spike in fuel costs due to the war in Iran.