DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.
Although most Federal Reserve presidents around the country are confident that interest rates will increase across the country, Minneapolis president Narayana Kocherlakota says that raising interest rates could hurt the economy.
A trader is shown working on the floor of the New York Stock Exchange, in New York City, Aug. 25, 2015. Market experts believe the timetable of a U.S.
Rio de Janeiro: Brazil has slipped into recession, the government said on Friday, deepening the gloom in the world's seventh largest economy already battered by falling commodity prices, political crisis and a corruption scandal.
Secretary of Defense Ash Carter speaks at the podium during a press conference about flexible hybrid electronics, held at Moffett Federal Airfield on Aug. 28, 2015.