Hurricane Melissa’s impact on eastern Cuba has exposed the country’s extreme poverty and the state of abandonment in remote rural areas.

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced ...

The report paints a stark picture of an economy battered by years of violence and institutional division, now facing one of its most difficult periods in nearly a decade.

Crude oil is fairly priced near $60 and viewed as a haven in a global bubble, with defense-driven demand supporting prices toward $70–$90. Read more here.

But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers ...

Established in 1954, the Economic Outlook series is a renowned tradition at Chicago Booth, offering some of the nation’s ...

The collapse of First Brands demonstrates some of the challenges of private credit, while its use continues to expand.

Afghanistan’s opium fields are withering, and with them a major pillar of the global narcotics economy. According to the latest United Nations Office on Drugs and Crime (UNODC) survey, poppy ...

Multilateralism is in tatters. Instead of rules-based, consensus agreements, global economic relations have largely devolved ...

Economics professor Christopher Clarke joins WIRED to answer the internet's burning questions about The Great Depression.

Venezuela's crumbling economy, marked by hyperinflation and a collapsing currency, is increasing pressure on Nicolas Maduro's ...