The German government says it intends to take a 40% stake in defense contractor KNDS, whose products include Leopard and Leclerc tanks, as it tries to strengthen European production along with NATO ally France

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy

Observers are calling Cuba’s new free-market reforms the most sweeping economic overhaul on the island’s communist economy since the Cuban revolution while the grandson of former President Raúl Castro says in an interview that Cuba must seek to move its economy forward

World shares are mixed, with markets in Greater China closed for holidays

Stocks closed higher on Wall Street, taking back most of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation

The number of Americans applying for jobless aid fell modestly last week as layoffs remained in the same historically low range of recent years

The Bank of England is holding its main interest rate at 3.7% as the inflation pressures on the British economy have become more benign after the U.S. and Iran signed a deal to sign deal to end their war

Bank of England holds main interest rate at 3.75% as inflation pressures on UK economy become more benign

French President Emmanuel Macron is opening the gilded gates of Louis XIV’s palace to U.S. President Donald Trump for a private reception, show and dinner marking America’s 250th birthday