The Chinese government, in one fell swoop, approved two measures to prop up that country’s wobbly retirement system: an ...

China will raise its retirement age for workers, which is now among the youngest in the world’s major economies, in an effort ...

Recent years have seen a rise in prices, particularly for food and energy, which has eroded middle-class expenditures and may ...

British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...

China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...

John Hu, CEO & Founder of Stan, wins Startup of the Year award at the inaugural Asian Creator Awards. Andrew Ge. On September ...

Anyone who thinks the former president's autocratic appetites are acceptable because he knows how to manage the economy are ...

Now money is growing scarce and few countries show signs of economic take-off, despite the best efforts of institutions such ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Top 10 Largest Economies: The United States of America is the world’s largest economy with a nominal GDP of $27,358 billion in 2023. Its GDP in 2013 stood at $16,881 billion.

Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action.

The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.