World

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.

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.

Europe gears up for a long winter after feeling the bite of sanctions imposed against Russia due to Russia's unlawful invasion of Ukraine back in February.

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.

The European Union agreed to hit Moscow with another round of sanctions and issue a price cap on Russian oil exports in an attempt to target its war chest.

Climate-labelled funds may not be as green as they seem. According to a study, one in every seven funds branded as sustainable has higher-than-average emissions intensity.

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.

Senior strategic analyst Gen. Jack Keane addressed concerns over the U.S. spending $66 billion to fund Ukraine's war against Russia in the aftermath of Hurricane Ian.

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.

The United Nations on Monday warned that the Federal Reserve could drag the global economy into a recession with its rate-hike campaign design to crush inflation.

Ukrainians piled on Elon Musk Monday after the Tesla CEO sent out a poll tweet arguing that Ukrainians ought to give up some of its territory to Russia to obtain peace.

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.

Risk aversion amid growing fears about a global recession has sent investors fleeing toward the greenback as a safe haven, but a strong U.S. dollar has both pros and cons.

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.

President Biden responded to Russia annexing four Ukrainian territories by announcing new sanctions on Russian entities and individuals.

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.

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.

In an effort to get Iran to rejoin the 2015 Nuclear deal the US has imposed sanctions on companies involved with Iran's oil production including some from China.

U.K. defense officials say Russia's economy could take a hit as hundreds of thousands of Russian fighting age men flee President Vladimir Putin's conscription order.