The Latest Breaking News on Economy

The likelihood of a recession later this year is high due to the expected interest rate hikes and the tighter credit standards. A recession will put immense pressure on the profitability of equipment manufacturers. Therefore, it could be wise to avoid fundamentally weak equipment stocks FuelCell Energy (FCEL), Solid Power…

The finance minister says the government is looking seriously at a recommendation to expand the single-parenting payment to more mothers, acknowledging it is "hard" to live on the current JobSeeker rate.

Daniel Andrews warns of ‘very difficult measures’ in May budget as government works to get state finances on track post-Covid

Treasurer Jim Chalmers has warned the upcoming federal budget will come at a time of some of the lowest global growth in decades.

City Voices: A weaker economy is needed for inflation to fall

Huw Pill said the latest GDP figures are ‘somewhat disappointing’ despite being an improvement on previous forecasts.

The British economy cannot get going. Growth flatlined in February, the latest figures from the Office for National Statistics show, as a rise in construction was offset by falls in services and production.

Permanent placements fall for second month running, as pay pressures remain strong

We need to get real about how we pay for the services we want if we are to fund a growing budget challenge