The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday

Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up

A federal bankruptcy judge in Texas has ordered a hearing into how the satirical news publication The Onion won the bidding for conspiracy theorist Alex Jones’ Infowars, after Jones and his lawyers raised questions about how a bankruptcy auction was conducted

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb

The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain at relatively healthy levels