The Latest Breaking News on Economy

More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a slowing overall U.S. economy

Researchers at the Fraser of Allander Institute (FAI) have revised down their forecasts for the coming months and have predicted the economy will…

Currency tumbles again after Bank of England warned it is ending support package for pension funds on 14 October

Thailand needs to prepare for global economic difficulties as they will intensify next year, according to economists.

The nation’s gross national debt has surpassed $31 trillion, according to a U.S. Treasury report released Tuesday

Friday's jobs report may be surprisingly weak, as technical factors exaggerating recent gains reverse. That could assuage the Fed and lift the S&P 500.

Government economic policy was today plunged deeper into chaos after Liz Truss and Kwasi Kwarteng U-turned on a plan to calm markets by bringing forward a crucial statement by the chancellor.

The interest rate hikes by central banks around the globe might slow down the global economy. However, staying invested in resilient and dividend-yielding stocks could help garner significant returns in the long run. To that end, Johnson & Johnson (JNJ), Pfizer (PFE), and Ryerson Holding Corporation (RYI) could be ideal…

Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’

Two top European Union officials on Tuesday called for joint borrowing to help the 27-nation bloc navigate the energy crunch together, after Germany faced criticism for going its own way with huge subsidies its peers could never afford.

Mel Stride, chair of Treasury committee, says move could also mean smaller interest rate rises