Search results for

Embattled World Bank President Paul Wolfowitz is set to appear before the World Bank board behind closed doors. This week, the bank is due to give its final decision on whether Wolfowitz should remain as bank president. The question at hand is whether Wolfowitz violated rules by arranging a pay raise for his bank-employed girlfriend.

In one of Bruce Rauner’s final acts as governor, his office announced Friday it has released $9.6 million to pay for deferred maintenance for Illinois…

Fifteen-year-old Rayouf Alhumedhi is on a mission to get a new emoji approved that looks like her: a woman wearing a head scarf.

President Trump often cites the coronavirus case fatality rate, saying it is more important than the number of cases or deaths. But medical experts say it's not a good way to measure the pandemic.

Many governments, especially in European countries, are handling unemployment differently, paying companies to keep their workers on the payroll until the pandemic is over.

Federal prosecutors say Johanna Garcia's company wasn't a funding miracle for small businesses but a lucrative Ponzi scheme whose co-conspirators spent millions of dollars on luxury items.

NPR's Leila Faded talks to former Labor Secretary Robert Reich about the latest economic reports, and how "Bidenomics" coupled with Fed interest rate hikes helped America stave off a recession.

The federal government agreed Tuesday to make an emergency loan of $85 billion to American International Group in exchange for a nearly 80 percent equity stake in the company. Why did the Federal Reserve act to save AIG and what does it mean?

Lawmakers are returning to Washington to vote on a two-year budget deal to lift the nation's borrowing limit, and put modest restraints on annual spending.

For a long time, much of the world saw the eurozone sovereign debt crisis as Europe's problem. Now world leaders, including the United States, realize a eurozone meltdown could have dire consequences for everyone. They are working up a massive rescue plan whose contours are beginning to emerge. Although Britain does not use the euro, that nation's politicians are using their party conventions to issue dire warnings about the euro's fate. And one eminent economist is proposing a novel solution to limit the impact of the European debt crisis.