GLOBAL ECONOMY

Who’s really to blame for FTX crypto collapse? Venture capitalists, investors and poor regulation share blame, while crypto problems drive investors to Bitcoin.

Walmart is the latest company to announce a settlement with local governments over allegations of improperly filling prescriptions for powerful painkillers

The total assessed included a record $4.2 billion in civil penalties, up from a total amount of $3.6 billion in 2021, as it filed 760 total enforcement actions.

OPEC lowered its forecast for global oil demand growth this year by 100,000 barrels a day to 2.5 million barrels a day. It also lowered its 2023 demand growth forecast.

Taiwan's trade talks with the U.S. and Britain sparked anger in the Chinese government.

Chinese President Xi Jinping has not left his country's COVID-19 bubble since the pandemic started, making his G-20 summit appearance a prime opportunity for discussions.

Dr. Kao Kim Hourn, ASEAN Secretary-General-elect, has urged the U.S. and China to work towards strong partnerships instead of making the region the focus for geopolitical rivalry.

It will be the first in-person meeting between President Biden and President Xi Jinping, the leaders of the world’s two biggest economies, since Biden became president in January 2021.

The EV tax credit, part of the Inflation Act, currently only exempts US made electric cars disqualify many South Korean made models from Hyundai and Kia.

US exports to Asia likely to reach a record 1.8 million barrels per day. Demand is led by China, India, and South Korea and a demand for more diesel fuel.

CVS Health has announced a $5 billion deal that, if approved, would make it the first major pharmacy chain to reach a nationwide settlement of opioid lawsuits.

Following Lula da Silva’s election victory over President Bolsonaro, analysts expect a moderate approach in the economic realm, but shifts to a more left-wing foreign policy.

The Gap shipments included everything from "knitted children’s socks" and "children’s pajamas" to "textile blouses for women" and "textile shorts for men."

The FDA-recalled quinapril and hydrochlorothiazide tablets were shipped to customers nationwide in May 2021. No related adverse reactions have been reported.

The SEC passed a rule required by the Dodd-Frank Act to force public companies whose financial statements contain errors to recoup their executives’ bonuses and other incentive pay.

A glut of government spending from the coronavirus pandemic, soaring energy prices, and zero-covid policies in China could cause another global recession.

Severe heat in the summer has created a nationwide drought, which has dried up 1,200 wells in California and a number of major rivers that feed into the Mississippi River.

Brazil Economy Minister Paulo Guedes learned from Milton Friedman at the Chicago School and implemented his policies under President Jair Bolsonaro's administration.

Commercial Customs Operations Committee, an advisory panel to U.S. Customs and Border Patrol, are recommending ways to streamline international trade.

As XI Jinping gets ready to be installed for a historic third-term as the General Secretary of the Chinese Communist party, Beijing is facing a host of growing economic problems that are already cause for concern.