Abhijit Banerjee and Esther Duflo of the Massachusetts Institute of Technology and Michael Kremer of Harvard University were awarded the 2019 Nobel Prize in Economics “for their experimental approach to alleviating global poverty.” Randall Kroszner, Chicago Booth School of Business deputy dean and former Federal Reserve governor, reacts to the announcement on "Bloomberg Surveillance."

The economic impact of COVID-19 has hit the world economy like a freight train. The aftereffects may be felt for years. But comparisons with World War II should give as much cause for hope as despair.

A group of Nobel Prize laureates has urged the government of Cameroon and separatist rebel forces to cease fighting and let health workers tackle the coronavirus pandemic.

Harvey J. Alter, Charles M. Rice, and Michael Houghton jointly won the Nobel Prize for medicine for their discovery of the hepatitis C virus.

The Nobel Prize in literature has been awarded to US poet Louise Glück for her "unmistakable poetic voice that with austere beauty makes individual existence universal."

Is it better to be poor in the US or India? What does living below a country's poverty line mean for the way people sustain themselves? We speak to photographer-economist duo Chow and Lin about their book "The Poverty Line", a decade-long project that explores what living with limited resources means for the dinner plates of different communities around the globe. Their exhibition "Summer of Fireflies: The Poverty Line Solo Exhibition" will be showing at the Rencontres d'Arles festival from July 4.

It's been five years since the UK voted to leave the EU. The vote appalled those who saw it as economic self-sabotage. But those in favor of leaving were not swayed by economic arguments — and likely still aren't today.

The molecular biologists have won the 2021 Nobel Prize in Physiology or Medicine for their discoveries of receptors for temperature and touch, the Nobel Committee has announced in Stockholm.

The 2021 Nobel Prize in Physics has been awarded jointly to Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi for "groundbreaking contributions to our understanding of complex physical systems."

Benjamin List and David MacMillan have won the 2021 Nobel Prize in Chemistry for developing a tool that makes constructing molecules simpler and greener.

Tanzanian novelist Abdulrazak Gurnah has won the 2021 Nobel Prize for Literature for his works exploring the effects of colonialism and the experiences of refugees.

Tanzanian novelist Abdulrazak Gurnah, 72, won the 2021 Nobel Prize in Literature for his writing on the “effects of colonialism and the fate of the refugee," the award-giving body said on Thursday. Born in 1948 on the island of Zanzibar, now part of Tanzania, Gurnah moved to Britain as a young refugee in 1968.