The Latest Breaking News on Economy

The UK is set to see its economy contract 0.6% this year according to the International Monetary Fund which will be the worst performance of all the advanced nations

Britain's economy will slam into reverse this year as the cost-of-living crisis hits households hard, the International Monetary Fund warns

The North East's child poverty rates are the highest in England and are the worst they have been for more than two decades, a harrowing report confirmed this week

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

Data shows that the amount of students from the EU joining an undergraduate or postgraduate course plummeted from 66,680 in 2020 to 31,000 in 2021

After he was elected speaker on the 15th ballot, Kevin McCarthy promised that the U.S. House under Republican leadership would protect the national economy, saying that the party was committed to “stop wasteful Washington spending, to lower the price of groceries, gas, cars, housing, and stop the rising national debt.”

Washington (AFP) - The US economy grew at a slower pace in 2022 but performed better than expected in the final months of last year, the Commerce Department said Thursday, as recession fears loomed.

A second consecutive quarter of economic growth underscored Thursday that the nation isn’t in a recession despite high inflation and the Federal Reserve’s fastest pace of interest rate hikes in four decades

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession