Shares in Lockheed Martin have grown by 15.71 per cent since October 6. AFP
New bill could stop US politicians profiting from war stocks

Politicians who trade in defence equipment face questions on conflict of interest when sitting on committees that involve national security

July 18, 2024, 3:00 AM
Federal Reserve chairman Jerome Powell at the discussion for the Economic Club at the Marriott Marquis in Washington. EPA
Fed chairman lays groundwork for cutting US interest rates

US central bank chairman's remarks at Economic Club firm expectations of initial rate cut in September

July 15, 2024, 9:58 PM
A press conference featuring Federal Reserve Chairman Jerome Powell appears on a monitor at the New York Stock Exchange. AP
Hopes for US interest rate cuts grow after latest inflation report

September rate cut in play as June's inflation numbers add to 'good data' Fed chairman Jerome Powell is looking for

July 11, 2024, 1:40 PM
Delta will be Riyadh Air's exclusive partner in the US, offering hundreds of destinations in the US for Riyadh Air customers. Reuters
Riyadh Air announces partnership with US-based Delta Air Lines

Non-stop flights from US to Riyadh included as part of preliminary agreement

July 09, 2024, 7:48 PM
Federal Reserve chairman Jerome Powell testifies before the US Senate banking committee in Washington. Bloomberg
Powell discusses inflation progress and urges caution on rate cuts

'We're very much aware that we have two sided risks now,' US central bank chief tells Congress

July 09, 2024, 4:14 PM
The US economy is seen as a major policy issue in the 2024 presidential election between candidates Donald Trump and Joe Biden. AP
2024 US election: The fight over the economy in six charts

Voters disapprove of Joe Biden's handling of the economy, making him vulnerable in rematch against Donald Trump

July 09, 2024, 3:30 AM
Two Boeing 737 Max crashed in October 2018 and March 2019, killing 346 people. AP
Can the US allow Boeing to fail?

Embattled aerospace giant's plea deal could have profound implications on the industry and economy

July 03, 2024, 8:33 AM
Federal Reserve Chairman Jerome Powell still expressed caution in adjusting the central bank's restrictive stance. AFP
Stocks rise as Fed's Powell welcomes US inflation progress

America's central bank can take time in cutting interest rates, chairman says

July 03, 2024, 12:02 AM
The IMF downgraded Jordan's growth projection from 2.6 per cent this year to 2.4 per cent before growth picks up again in 2025. Photo: Alamy
IMF: Jordan economic reform programme off to strong start

Washington-based lender provides Amman with access to about $130 million after completion of first EFF review

July 01, 2024, 3:37 PM
IMF managing director Kristalina Georgieva. EPA
IMF more optimistic than Fed, seeing US inflation at 2% in 2025

Managing director Kristalina Georgieva says fund expects US central bank to cut rates once this year before more cuts in 2025

June 27, 2024, 10:00 PM
Boeing has faced intense scrutiny in the months since a door plug blew off an Alaska Airlines flight in mid-air, as well as a number of federal investigations. Reuters
US sanctions Boeing for sharing details of 737 Max investigation

Safety regulator says embattled plane maker 'blatantly violated' regulations when briefing media on door-plug inquiry earlier this week

June 27, 2024, 1:49 PM
The Federal Reserve building in Washington. Bloomberg
Top US banks pass Federal Reserve's annual 'stress test'

Bank regulator finds 31 large banks could weather a severe recession amid lobbying campaign against new capital requirements

June 26, 2024, 10:14 PM
Masdar has expanded its presence in US after acquiring a stake in the Big Beau Project from EDF Renewables North America. Photo: Masdar
Abu Dhabi's Masdar in US 'for the long term'

Clean energy company looking to achieve major growth by investing in development and operating platforms, Masdar Americas president and chief executive says

June 25, 2024, 4:30 PM
The slide comes as investors begin to rotate out of AI stocks. Reuters
Nvidia stock price declines into correction territory

AI chip maker's shares fall for third straight session on Wall Street after brief stint as world's most valuable company

June 24, 2024, 7:57 PM
The Federal Reserve's delay in cutting rates means the US could be one of the last advanced economies to begin dialling back on its restrictive stance. Reuters
Emerging markets in 'wait for Fed' mode on rate cuts

A delayed Fed complicates the outlook for other economies around the world

June 19, 2024, 6:00 AM