Global Economy

A deal on the controversial free-trade pact has been reached. Michelle Caruso-Cabrera explains what the deal might mean for the U.S. economy.

The war in Syria played out on the world stage with President Obama and Russia’s President Putin sharing their divergent views on how to resolve the conflict.

The health of the global economy is issue number one at an annual gathering of thought leaders and decision makers called The Nantucket Project.

CEOs from some of America’s biggest companies discuss thorny issues with the president of China.

Mary Thompson tells us the details of the Pope’s speech in our nation’s capital.

At a time when fears are high about market liquidity comes a significant shift in the primary players in the corporate bond market. Households, hedge funds and nonprofit groups, a bunch historically considered to be long-term holders of fixed-income instruments, ditched corporate debt in the second quarter, selling $122 billion after reducing their holdings by …

Eunice Yoon tells us the thorny issues that the world’s two biggest economies will discuss when they meet this week.

Hadley Gamble tells us what Europe’s migrant crisis may mean for that region’s fragile economies.

As if the falling ruble, crippling sanctions and plunging oil prices weren’t a bad enough combination for Russian President Vladimir Putin, now his most important ally, China, is facing serious economic problems of its own. Putin is in China this week for a World War II commemoration ceremony and for talks with his counterpart, Xi …

If you export to China, the latest headlines are not good news. After a decade of rapid growth, China’s appetite for goods and raw materials from the rest of the world appears to be slowing. And that’s left companies and countries that sell to China wondering just how badly their orders may shrink. On Tuesday, …

After a few sessions of relative stability, risk aversion returned in a big way to China’s stocks Tuesday with the Shanghai and the Shenzhen Composite both down 6 percent by the end of the session.

China devalues its currency sending shockwaves throughout the global financial system.

China’s surprise devaluation of its currency is an admission of economic weakness and could delay the timing of the Federal Reserve’s expected U.S. interest rate hike, strategist Boris Schlossberg told CNBC on Tuesday. While agreeing the currency move signals economic troubles in China, Jim McCaughan, chief executive of Principal Global Investors, said the Fed will …

Investors around the world were taken by surprise on Tuesday after the People’s Bank of China (PBoC) devalued the yuan by almost 2 percent against the U.S. dollar, causing the currency to suffer its biggest fall in over two decades. The move sent shockwaves through markets, as currencies with heavy trade exposure to China hit …

Everyone likes a bargain. But this one could spell trouble for the global economy. Led by a steep slide in energy prices over the last 12 months, the prices of a wide range of global commodities—everything from iron ore to sugar—has been falling lately, in part, due to slower demand from once red-hot developing economies …