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European Central Bank policymaker Joachim Nagel said Wednesday that a rate cut for the institution looks increasingly likely for June, but added that certain parts of the incoming inflation data still look higher than desired.
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.
United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker's safety crisis.
On July 9, 2022, Sri Lankans protesting the regime of President Gotabaya Rajapaksa shocked the world when they stormed the executive mansion in Colombo.
Along the banks of the Zuari River in the Indian state of Goa, villagers gather to collect mud and make a crocodile sculpture in reverence of the animal deity for protecting their lands from saline water seepage.
VATICAN CITY (AP) — Pope Francis will visit Indonesia, East Timor, Papua New Guinea and Singapore in September, the Vatican announced Friday, confirming the longest trip of Francis’ papacy that is sure to test his health, stamina and mobility.
How one Muslim man's deep bond with a Jewish woman in India lives on through the shop she left to him.
Hello from Tokyo. Joseph Schumpeter was one of the most famous economists of the 20th century. He is known for characterizing the core of capitalism as an evolutionary cycle of creative destruction, or innovation. His theory attracted many Japanese scholars, and Heita Kawakatsu, the professor turned governor of Shizuoka prefecture, was one of them. (Some people say that this is possibly because his own name, Heita -- which can also be read as Peta -- is similar to Schumpeter's.)