The Latest Breaking News on Economy

The House's debt ceiling bill has critics on both sides. Bharat Ramamurti, the deputy director of the National Economic Council, says the administration was able to secure some of its key priorities.

Since 1960, the United States has raised its debt ceiling 78 times -- soon to be 79, if Congress approves the latest last-minute deal. On a wall in Manhattan, not far from Times Square, a billboard-size display has kept a running tally of the national debt amount.

Key business groups welcome the Move Forward Party's campaign promises to tackle economic inequality, but wonder if it can solve a problem that has long plagued the country.

There's hundreds of millions of dollars in the state budget to kickstart Tasmania's entry into the AFL — but there's also a debt blow-out on the horizon, explains Adam Langenberg.

The UK economy unexpectedly shrank by 0.3% in March, according to the Office of National Statistics. And though the country is likely to narrowly avoid an official recession in 2023, just as it did the previous year, the economy is projected to hit the worst growth rates since the Great…

Treasurer Tim Pallas to hand down ninth budget on Tuesday with all eyes on debt recovery plans

Analysis shows more than 330,000 jobs gained in past year, but treasurer concedes inflation needs to cool

One thing we know for sure about the RBA – it knows even less about the outlook for wage growth than it does about inflation.

Months before an election, New Zealand’s government is offering some modest financial relief to many people by making most prescription medicines free and increasing subsidies for childcare and public transportation