Economy

News Hour: In a not so subtle jab at European officials and their dealings with Greece, the IMF on Thursday issued a warning against pretending that “unpayable debts” can be repaid. In a blog written by...

News Hour: Iran’s president must do more to improve the economy, Ayatollah Ali Khamenei said on Wednesday in a rare public criticism from the supreme leader three months before Hassan Rouhani runs for re-election. Unemployment, recession...

News Hour: Greek Prime Minister Alexis Tsipras on Saturday warned the International Monetary Fund and EU economic powerhouse Germany to stop playing with fire over his country’s debt problems. Opening a meeting of his far-left Syriza...

News Hour: Oil prices rose about $1 on Friday after reports that OPEC members delivered more than 90 percent of the output cuts they pledged in a landmark deal that came into force in January. Supply...

News Hour: Oil prices held equity markets in their sway on Wednesday, with stocks perking up as prices for crude rebounded despite data showing abundant US production. Increasing uncertainty about France’s political outlook and fears of...

News Hour: The International Monetary Fund and Greece are at odds over the outlook for the troubled European nation’s economy, a split that likely will continue to hold up further IMF financing. Greece Finance Minister Euclid...

News Hour: Australia’s central bank held interest rates at a record low of 1.50 percent on Tuesday but soft inflation and growth figures kept the door open for future cuts. The Reserve Bank of Australia slashed...

News Hour: Oil slipped further below $57 barrel on Monday as a stronger dollar and ample U.S. supplies outweighed OPEC output curbs and rising tensions between the United States and Iran. The dollar fell 0.3 percent...

News Hour: U.S. refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be even worse than the dismal performances seen in 2016....

News Hour: Iran has extended a deadline for bids on oil and gas projects, urging Britain’s BP to join major international companies that have already applied, local media reported on Saturday. The bidding round for exploration...