Bank of America Corp (NYSE:BAC) reported fourth-quarter fiscal 2025 financial results on Wednesday. The bank reported a net income of $7.6 billion (down from $6.80 billion a year ago) and EPS of 98 cents, beating the analyst consensus estimate of 96 cents. Revenue, net of interest expense, increased 7% year-over-year (Y/Y) to $28.532 billion, beating the analyst consensus estimate of $27.944 billion. The […]

The World Bank Group yesterday projected two-year 5.6 per cent growth in low-income countries driven by stronger domestic demand, exports recovery, and easing inflation. In its latest Global Economic Prospects report, the global lender said despite 2026–27 growth prospects, the income gap between developing and advanced economies will continue to narrow. “Per capita income growth […]

Former President Bill Clinton and former Secretary of State Hillary Clinton are scheduled to give depositions today and tomorrow, respectively, to the Republican-led House Oversight Committee, but neither has confirmed their attendance, a committee spokesperson said last night. “The Clintons have not confirmed their appearances for their subpoenaed depositions,” the spokesperson said in a statement. […]

South Korea announces massive economic support package The Ministry of Finance of South Korea announced on Tuesday that in the first half of this year, the public sector will allocate 393.8 trillion won (approximately $267.2 billion) to support the economy, Azernews reports, citing Yonhap agency. Access to paid information is limited […]

The dollar held to its losses on Tuesday after the Trump administration opened a criminal investigation into Federal Reserve Chair Jerome Powell, a move that threatens the central bank’s independence and faith in U.S. assets. Investors were still trying to come to grips with news of the probe revealed late on Sunday, a move that drew condemnation from former […]

WASHINGTON — The Trump administration’s criminal investigation of U.S. Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank, who pushed back against U.S. President Donald Trump’s efforts to exert more control over the Fed. The backlash reflected the overarching stakes in determining the balance of power within […]

Over the years, its reporting has chronicled shifts in global growth, changes in political leadership and the evolving influence of markets and institutions. The network aims to have coverage focused not just on what is being debated, but on how those debates are framed, contested and translated — and the role India plays in responding […]

China has vowed to deepen cooperation in new energy and green minerals with the nations in the Global South, saying the move is in line with their industrial goals and a step towards further advancing Beijing’s economic opening-up, according to the latest front-page commentary in the Communist Party’s official newspaper. “Amid profound changes in the […]

Economic growth in Central and Northwest Arkansas continued to grow in the third quarter of 2025, with economic conditions in the Fort Smith and Jonesboro metros moderating or flat in some sectors, according to The Compass Report. In the third quarter of 2025 (July – October) report, Central Arkansas received an “B+” grade, the Fort […]

Agungsusilo/Getty Images You don’t need to spend an arm and a leg to get sleek and functional kitchenware. Dollar Tree makes it easy to stock your home with practical, everyday kitchen essentials that look good and get the job done. And one of the most […]