Saudi Arabia reports its first budget surplus in nearly 10 years on higher oil prices
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom’s finance ministry said.
It was the first major Western central bank to reduce interest rates back in March.
The Conference Board's consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August...
U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, saying her budget proposals will...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a...
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50...
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global...