WORLD REGIONS

Red-hot inflation has begun to peak in the United States, but Jeremy Hunt and the Bank of England face the United Kingdom's highest inflation since 1981.

Taiwan's trade talks with the U.S. and Britain sparked anger in the Chinese government.

Experts in public relations and finance explain what new UK Prime Minister Rishi Sunak could do to calm Britons and the financial markets after weeks of turmoil.

Truss is the shortest-serving prime minister in Britain's history, and the third Conservative Party prime minister pushed out of office in as many years.

Prime Minister Liz Truss continues to face backlash for her fumbled economic package that triggered an economic crisis in the U.K., as many politicians urge her to resign from her post.

Facebook owner Meta is throwing in the towel after a lengthy battle with a U.K. watchdog, agreeing to sell Giphy at the behest of the foreign regulator.

British Prime Minister Liz Truss axed her finance minister and reversed course on major parts of her economic plan amid economic and political turmoil.

The State Department is considering ways to alter the U.S. relationship with Saudi Arabia after that nation and Russia agreed to cut back oil production.

Defined benefit pensions have to make sure that their assets, such as stocks and bonds, can generate enough cash to meet liabilities - the monthly payouts guaranteed to pensioners.

President Biden, speaking at a Volvo manufacturing plant in Hagerstown, Maryland, on Friday, blamed OPEC+ for the country's inability to lower historically high gas prices nationwide.

The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.

The White House is hoping transitions to clean energy and continued dips into the strategic oil reserves will help offset OPEC's decision to cut back oil production.

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.

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.

Andrew Bailey, the Governor of the Bank of England, stemmed a bond crisis last week by purchasing government debt, calming the markets but increasing inflationary pressure.

In a stunning reversal, Britain's Conservative government dropped a key part of the tax cuts package that sparked outrage, market turmoil and sent the pound plunging.

A Christian nurse in the United Kingdom is suing an NHS trust, claiming the trust forces student to learn critical race theory and discriminates against her race.

Phil Collins and Genesis bandmates Tony Banks and Mike Rutherford have sold a bundle of music rights to catalogue, including 1980's pop hits, to Concord Music Group for $300 million.

The Bank of England has moved to halt a slide in British government bonds that posed a “material risk” after plans to slash taxes spooked investors.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.