Discover how Oliver Williamson, a Nobel laureate, transformed economic thought with Transaction Cost Economics and influenced policy beyond traditional markets.

Chinese President Xi Jinping has had a busy few weeks receiving Western allies seeking warmer ties with the world's second-largest ec ...

US producer prices rose 0.5% in December, more than expected, on uptick in services inflationAP Economics WriterThe Associated PressWASHINGTON WASHINGTON (AP) — U.S. wholesale prices rose a ...

Western leaders such as France’s Emmanuel Macron and Canada’s Mark Carney are trying to find a “middle” way. But it’s proving very difficult.

The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. With the ...

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President ...

President Donald Trump has strong-armed many of America’s biggest trading partners into pledging trillions of dollars of ...

Japanese panda fans have seen their beloved pandas return to China over the past decades, but bidding farewell to beloved ...

The Supreme Court for the past year has repeatedly allowed President Donald Trump to fire heads of independent agencies, but ...

Shoveling piles of compost and clearing weeds on a cold, damp evening in London might not be most people’s idea of fun.

In March 2025, when Mark Carney became the 24th Prime Minister of Canada, all eyes were on the former central banker–turned ...

Federal Reserve Chair Jerome Powell will attend the Supreme Court's oral arguments Wednesday in a case involving the ...