World Bank report paints picture of peril that needs to be addressed with caution (Editorial) Published: Jun. 12, 2022, 5:07 a.m. Cars line up for gas at a gas station in Martinez, Calif., on Sept ...

The World Bank's 2022 Global Prosepects Report has warned that the global economy is entering a "pronounced slowdown" amid fresh threats from Covid-19 variants and a significant rise in inflation ...

The World Bank is weighing in on economic conditions affecting not only the U.S. but also the global economy, and it gives a bleak outlook.