GLOBAL ECONOMY

A glut of government spending from the coronavirus pandemic, soaring energy prices, and zero-covid policies in China could cause another global recession.

Severe heat in the summer has created a nationwide drought, which has dried up 1,200 wells in California and a number of major rivers that feed into the Mississippi River.

Brazil Economy Minister Paulo Guedes learned from Milton Friedman at the Chicago School and implemented his policies under President Jair Bolsonaro's administration.

Commercial Customs Operations Committee, an advisory panel to U.S. Customs and Border Patrol, are recommending ways to streamline international trade.

As XI Jinping gets ready to be installed for a historic third-term as the General Secretary of the Chinese Communist party, Beijing is facing a host of growing economic problems that are already cause for concern.

The new National Security Strategy addresses the growing rivalry with Beijing and tension with Russia as it looks to maintain a United States led global order.

The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.

Edward Jones' parent has scrapped plans to create a new bank as market turmoil looms and banking crises in the U.K. and at Credit Suisse threaten a Lehman moment.

Global trade is expected to grind to a halt next year as a result of a convergence of economic crises including spiking energy prices and higher interest rates.

UK Prime Minister Liz Truss has defended her economic plans as she tries to convince her Conservative Party the pain unleashed by tax-cutting is worth it.

Providing tax breaks only to US manufactured goods likely violates the World Trad Organization (WTO) rules and is alienating US trade partners and US allies.

Less than one month on the job, some Britons are questioning whether new Prime Minister Liz Truss is up to the task of leading the country through a deepening economic crisis.

Amylyx says doctors will be able to prescribe Relyvrio immediately. The drugmaker anticipates prescriptions will be filled and shipped from specialty pharmacies within the next four to six weeks.

A study found that Biogen's Alzheimer's drug lecanemab reduced cognitive and functional decline by 27% compared to a placebo over an 18-month period.

The World Bank expects developing economies in East Asia to grow faster than China, because of it's zero-COVID policies, for the first time since 1990.

Biogen is accused of causing submissions of false claims to Medicare and Medicaid by paying physicians kickbacks to prescribe its multiple sclerosis drugs Avonex, Tysabri and Tecfidera.

As the Federal Reserve prepares to announce another interest rate hike, the central banks of several other countries are mulling increases of their own.

An ex-Maui County official and a Honolulu businessman pleaded guilty to a bribery case. The Milton Choy bribed Stewart Olani Stant for business contracts.

India, on the 75th anniversary of its independence from the U.K., has overtaken its former colonial master to rank as the world's fifth largest economy.

PharmaTech's previous co-owner, Raidel Figueroa, has been sentenced to over three years for lying to the FDA and allowing contaminated medicine to go to pediatric hospitals.