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Germany cuts 2024 growth forecast as economic woes pile up

The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a...

Argentines down tools in first major challenge to budget-slashing Milei

Argentine President Javier Milei faces the first major challenge to his budget-slashing policies Wednesday as workers are expected to down tools in their thousands...

In inflation-hit Buenos Aires, tango enthusiasts sway the blues away

Argentina's biting economic crisis cannot keep tango enthusiasts from seeking out the haunting tunes of piano and concertina music at a dwindling number of...

Asian markets follow Wall St higher as US inflation eases

Data showing inflation easing further boosted Asian markets Monday, fuelled by hopes central banks could be nearing the end of their interest rate hiking...

Superhero fatigue? Not for the third 'Guardians' film

Despite talk of growing superhero fatigue among moviegoers, Marvel's "Guardians of the Galaxy Vol. 3" opened to a solid $114 million in ticket sales...

History says Fed can't tame inflation without recession: report

There is no recent precedent for a central bank successfully defeating inflation without "substantial economic sacrifice or recession," said a report presented Friday to...

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