Economy
What It Would Cost To Modernize The US Nuclear Arsenal
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Spending on the nuclear triad will flow into contractor coffers for years to come. Read more
White House Hails China Trade Truce As Skeptics Raise Doubts
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The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakth... Read more
May Won't Rule Out No-deal Brexit; Bank Says Firms Not Ready
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The Bank of England warned that such a scenario could plunge the country into its deepest recession in decades. Read more
UK Central Bank Warns Of Deep Recession Without Brexit Deal
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Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, t... Read more
Singles' Day 2018: China's Annual Shopping Frenzy Shatters Records Again
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Break from gloomy forecasts about the world's second-largest economy as spending binge eclipses Cyber Monday in the U.S Read more
A Texas-sized Surge In Oil Production Will Hold Prices Down
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With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand ... Read more
Saudi Arabia Defies Trump And Warns Of 1m Barrels A Day Cut To Crude Oil Output
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Trump in recent weeks demanded the oil cartel increase production to drive down U.S. gasoline prices. Read more
UK Economy Gets World Cup Lift Despite Brexit Uncertainty
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The British economy's third-quarter performance was the highest since the fourth quarter of 2016. Read more
US Trade Deficit With China Hits Record Despite Trump's Tariff War
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Imports climbed 1.5 percent to a record $266.6 billion in August, led by an influx of telecommunications equipment and c... Read more
Hungry And Lonely: Life In Britain's 'food Deserts'
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A study has found that more than a million low-income households live in areas known as "food deserts", where access to ... Read more
Wall St. Disconnect: Traders Panicky Despite Robust Economy
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Investors fear a constellation of concerns from rising interest rates, intensifying tensions over trade, a slowdown in C... Read more
Brexit Diet Could Lead To 5,600 Deaths A Year As Fresh Fruit And Veg Prices Shoot Up
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Brexit-related increase in trade costs will make it harder to get hold of foods that are critical components of healthy ... Read more
Italy's 'unprecedented' Budget Spooks The Financial Markets
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The European Commission issued a sharp rebuke of Italy's budget, which targets a 2.4 percent deficit for next year. Read more
China Managing Slowdown Amid US Tariffs, Has Room To Do More
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Analysts told the International Business Times that China has more policy options up its sleeves Read more
Trump Tariffs Yet To Sting China; Pain Could Begin In January
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Analysts warn the 25 percent tariffs from 2019, could slow Chinese growth, raise U.S. inflation and put more downward pr... Read more
Death Of An American Icon: Retail Giant Sears Files For Chapter 11 Bankruptcy Protection
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A decade ago shares were trading at around $141. They are now below the $1 benchmark. Read more
Superpower Showdown: Trump-Xi To Meet Next Month As Trade War Takes Toll
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Reported meeting will take place during the G-20 summit in Argentina in late November. Read more
Will Wall Street Sneeze Morph Into A Global Stock Market Pandemic?
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Losses on Wall Street rip through Asian financial markets amid fears about interest rates and trade tariffs. Read more
Bahrain Says Gulf Neighbours Will Provide Aid As Economy Weighs
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The Gulf country said Kuwait, Saudi Arabia and the United Arab Emirates will provide aid amid growing concerns over its ... Read more
President Rouhani Says Iran In 'economic Fight' With US As Discontent Mounts In Tehran
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Rouhani's comments came after protesters angered by Iran's tanking economy confronted police. Read more
