Armored Wolf, the global macro hedge fund run by former Pimco Managing Director, will shut down and become a small family office.» Read More
Both the West and Moscow are unwilling to stand down over Russia's annexation of Crimea, raising concerns that tit-for-tat sanctions are here for the long-run and could even be increased.
The case for BOJ stimulus strengthened after data showed real wages rose just 0.2 percent on-year in August.
Central banks are in the spotlight in the week ahead, with decisions on monetary policy due in Australia and Japan.
Emerging economies risk “leading the world economy into a slump,” with lower growth and a rout in financial markets, the Financial Times reports.
Dilma Rousseff of Brazil announced Friday that she was cutting her salary by 10%, reducing the size of her cabinet and slashing thousands of coveted jobs, the NYT reports.
U.S. President Barack Obama warned Russia on Friday that its bombing campaign against Syrian rebels would suck Moscow into a "quagmire," after a third straight day of air raids.
Commerce Secretary Penny Pritzker says to remain globally competitive, the US needs to encourage more young people to pursue manufacturing careers.
After the weak jobs report, the Fed may retreat to an easing mentality, says Michael Pento. Here's what could happen.
A peace agreement with armed rebels would permanently add 1.5 percent to Colombia's GDP, according the country's leader.
Russian Foreign Minister Sergey Lavrov on Thursday downplayed criticism over the country's air strike targets in Syria.
"A big part of it is the fact that commodity prices are down and continue to be down," Jim Yong Kim said.
The revenue that Saudi Arabia generates from oil could be overtaken by tourism one day, according to tourism industry experts and economists.
South Korea said Volkswagen's local unit informed the government it could recall about 120,000 vehicles in the country.
Temporary work visas were designed to import specialized skills — not move jobs overseas. The New York Times reports.
"When the economy is bad, we still have the money to spend — you guys probably don't, you worry," Alibaba founder Jack Ma said.
Emerging economies will likely see their fifth consecutive year of declining rates of growth, Lagarde said.
Inflation remains well below the ECB's target and could fuel expectations of an extension of its 1 trillion euro bond-buying program.
Japan needs more economic stimulus to stave off a serious China shock, according to one of PM Abe's closest advisers, the FT reports.
Countries across the world are suffering from a shortfall in productivity growth that is sapping economic expansion, according to the World Economic Forum.
Caterpillar is the perfect proxy for the infrastructure build required to sustain the world economy.