The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.

Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the ...

The vast majority, 26,000, or 63 percent, work out of the World Bank headquarters in Washington, DC, and only 3,200 are located in Africa, where most people in extreme poverty live.

Ajay Banga didn’t like the existing decor, so when he took over as World Bank president he gave his grand two-story corner office a makeover. Old-school leather furniture? Gone. Dark lighting ...

President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...

Project 2025's call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America's competitors to gain a historic victory. The World Bank needs urgent ...

Now the World Bank president finds himself having to defend one of the linchpins of the liberal international order against President Donald Trump, who last month ordered a government review that ...

It is the World Bank’s job to lend to all 78 of the world’s poorest countries—defined both by their income per person and the sustainability of their debt burden—through a single fund, the ...

The bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3% in 2025, down from 2.8% in 2024.

The World Bank provides financing, advice, and research to developing nations to aid their economic advancement.

The vast majority, 26,000, or 63 percent, work out of the World Bank headquarters in Washington, DC, and only 3,200 are located in Africa, where most people in extreme poverty live.