Trump looks set to send $3.2 billion in contributions to the World Bank's International Development Association (IDA), which ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

A leading U.S. bank regulator on Thursday reestablished a streamlined process for considering bank mergers, and scrapped an ...

(CNN) — US stocks melted down and market volatility soared after President Donald Trump announced his across-the-board punitive tariffs regime on April 2. While international stocks got hurt too ...

But he said the central bank will scrutinise how various information, including on the potential economic fallout from higher US tariffs, could affect the likelihood of durably achieving its price ...

Some US allies are highly alarmed by the framework ... suggesting that not “taking the whole country” is a “pretty big concession.” Multiple allied diplomats said they are rattled by ...

I’m Chris Anstey, an economics editor in Washington for the IMF/World Bank meetings. Today we’re looking at the US Treasury chief’s comments on the IMF and World Bank. Send us feedback and ...

WASHINGTON, United States — The International Monetary Fund and the World Bank “must be made fit for purpose again,” US Treasury Secretary Scott Bessent said Wednesday, arguing the ...

The internal discord threatens to undermine price stability, especially amid global economic uncertainty, Danske Bank's FX analysts report. OPEC+ is mulling an additional big output hike in June ...

DHAKA: Bangladesh and the World Bank on Wednesday (Apr 23) signed two financing agreements worth US$850 million to strengthen the South Asian country's trade capacity, create jobs, and modernise ...

Big US banks are navigating a choppy environment just two years after the last round of turmoil, this time with almost no one questioning the industry’s ability to ride out whatever is coming.

Washington (AFP) – The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be ...