President Trump has promised to revive coal's flagging fortunes. Is it possible?

London’s vast financial services industry must never again be the “master of the economy”, the shadow chancellor, John McDonnell, will say on Saturday in a speech accusing bankers of profiting from speculation at the expense of ordinary people. The veteran socialist who is now seeking to reassure business, promises higher taxes and tougher regulation on banks on the 10th anniversary of the collapse of Lehman Brothers – the pivotal moment in the global financial crisis.

Those tariffs will rise to 25 percent at the end of the year as Trump escalates a trade conflict with the world's second-largest economy. 

Ghost cities, shadow banks, white-elephant state projects: The country’s pursuit of growth at all costs may come at a high price. Mara Hvistendahl reviews ‘China’s Great Wall of Debt’ by Dinny McMahon.

The outrageous price of a U.S. degree is unique in the world.

Bailouts of bankers, shareholders and investors helped set them off on a rebound that Americans who rely on savings or income from their weekly paycheck have yet to see.

As access to cheap, plentiful energy dries up and the effects of climate change take hold, we are entering a new era of profound challenge ― and free market capitalism cannot dig us out. This is the conclusion of a report produced for the United Nations by Bios, an independent research institute based in Finland.

Three new reports say governments can either act now on climate, and reap trillions of dollars in benefits – or miss the window and put a wrecking-ball to GDPs.

After accounting for inflation, pay increases are negligible.

New data reveals how colleges are benefiting from billions in financial aid while students are left with debt they cannot repay.

What happens when a nation built on the concept of individual property ownership starts to give that up?

Millions of Venezuelans sought emergency assistance and attempted to flee the country after inflation hit 82,700 percent in July. Venezuelans who are without a bank account are forced to carry stacks of cash. Many rushed to supermarkets to stock up on as many resources as possible to prepare themselves for another currency decrease in value. Resources in Venezuela are scarce and a majority of families are left hungry with no solution from the government.

Acknowledging the role of luck is the secular equivalent of religious awakening.

Employers are bellyaching about a lack of workers to fill jobs, but they're not willing to pay more to attract them.

China on Monday posted second-quarter GDP growth of 6.7 percent from a year ago, slightly lower than 6.8 percent in the first quarter of 2018 as Beijing has been cracking down on risky credit amid escalating trade tensions with the U.S. The official reading was in line with expectations from analysts polled by Reuters.

Venezuela’s inflation will skyrocket to 1 million percent by the end of the year as the government continues to print money to cover a growing budget hole, the International Monetary Fund predicted on Monday.

Japan retakes the No. 2 spot with a valuation of $6.17 trillion as China’s stock market takes a beating from a slowing economy and the trade war with the U.S.

Astronomical gap between the pay of workers and bosses exposed in report on earnings of America’s top 350 CEOs

A little more than a decade ago the economy collapsed, and at the center of that collapse was the subprime mortgage. These loans, often made to borrowers with bad credit, no job, and no income turned into a systemic risk that eventually sent the world into its worst economic crisis since The Great Depression. Fast-forward to 2018, and according to a report from CNBC, the subprime mortgage is back--this time with a new name: nonprime. Of course, that's just a change in brand. Like subprime mortgages, nonprime mortgages are offered to customers with credit scores as low as 500.

Glocalization is a word that comes from globalization and localization. The context of the usage of the term at the time was marketing, and how companies could offer products and services on a global scale while adopting local consumer preferences and culture in individual countries.

You might be surprised to find out how the economies of American cities compare to entire countries.

The answer could change how we think about unions, monopolies, and the minimum wage.

How can Venezuelans possibly go on?

The world financial system is as dangerously stretched today as it was at the peak of the last bubble but this time the authorities are caught in a "policy trap" with few defences left, a veteran central banker has warned. Nine years of emergency money has had a string of perverse effects and lured emerging markets into debt dependency, without addressing the structural causes of the global disorder.

The wildly social rodents will work for snacks. By Jessica Leigh Hester.

A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars.

Scrapping 1p and 2p coins will damage fundraising for smaller charities, sector warns

Bill Gates reviews “Factfulness” by Hans Rosling and Anna Rosling Ronnlund.

The notion that just thinking something can make it happen is a joke. Too bad some people fall for it.

The trend can explain slow growth,

A Princeton sociologist chronicled the human toll of eviction in one city in a 2016 book. A new project may reveal just how widespread the problem is.

Living under communism makes countries poorer and less healthy for decades, according to a landmark new study. Researchers testing historical connections between cultures found that whether a country had been under communism was the biggest factor for those with lower health, income and educational levels. In the first undertaking of its kind, they analyzed the fortunes of 44 countries across Europe and Asia and looked at geography, religion, systems of government and a more intangible quality called “deep cultural ancestry.”

The long read: Some economists say it should be raised. Others say it’s already too high. But what if both sides are missing the point?

Later this year, Stockton, a city in California with a 25% poverty rate, will conduct an unusual experiment: Roughly 100 of its citizens will receive $500 a month for 12-18 months, with no work requirements and no strings attached. Researchers likely will regularly assess the recipients’ health, childcare arrangements, education, and general well-being in order to measure how this kind of financial leg up affects quality of life.

Moves in global bond markets over the last few months suggest changing expectations about prices.