A decision by World Bank shareholders to change the equity-to-loan ratio will not solve all of today's challenges. But it will start to fill a gap, without triggering new burdens for taxpayers ...

Facing a hyper competitve job market and stagnating wages, a growing number of Chinese are dropping out, spending entire days ...

Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure ...

The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark ...

NEW YORK — U.S. stocks are leaping Wednesday as a worldwide rally comes back around to Wall Street after President Donald ...

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government ...

When Donald Trump was forced to pause most of his tariffs, the country got a basic lesson in Marxist state theory: when ...

The comments from the US Treasury Secretary come as trade war between the world's two biggest economies has escalated.

The IMF’s world trade uncertainty index is currently 7 times higher than it was in October 2024, much higher than in the ...

Scott Bessent called China’s economic model “unsustainable” as White House officials indicated trade negotiations were ...

It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.

The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...