Bargain-hunting shoppers will be expecting retailers to cut prices by a greater margin this year as they tighten their belts amid a worsening cost-of-living crisis.

APEC is shaping up as the platform for a final diplomatic push with all eyes on the bloc to see if it delivers a joint statement that comes close to a unified position on Ukraine.

Lack of pilots for commercial airplane flights is a crisis that affects many Americans and could last a decade. Airlines have a plan for the labor shortage.

The British pound is on firmer footing since the appointment of PM Rishi Sunak, but Wall Street still sees further vulnerability over the next 12 months.

IEA Executive Director Fatih Birol warned emerging and developing countries are most vulnerable to soaring energy prices.