Stocks shifted between gains and losses on Wall Street Wednesday morning, keeping the market on track for its fourth monthly loss this year

As the ruble strengthens to levels not seen in seven years, Russia’s minister of economic development warns that the country’s businesses could suffer if the trend persists

Shares have retreated in Asia after another broad decline on Wall Street as markets remain gripped by uncertainty over inflation, rising interest rates and the potential for a recession

The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected

Global stocks are mostly higher after a wobbly day on Wall Street as markets cooled off following a rare winning week

Russia has defaulted on foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system amid its war in Ukraine

Senior U.S. officials are in Sri Lanka seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies

Russia is poised to default on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine

Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits