The Latest Breaking News on Economy

With another solid employment report for September undermining the Fed’s persistent efforts to fight inflation, the borrowing costs are expected to increase further with another significant rate hike next month. However, businesses with enough scope for further market penetration are better placed to endure near-term macro headwinds. It could be…

Confirmation of the date comes as the Bank of England also seeks to reassure markets on its intervention in UK debt market

For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose

The U.S. economy’s odds of avoiding a recession are narrowing — and quickly.

Predictions handed to chancellor expected to paint gloomy picture for UK economy amid sweeping tax cuts

We're at a moment in which small changes in the data could have an outsized effect on the Federal Reserve's policy fulcrum.

U.S. employers continued to hire at a solid pace last month and the jobless rate unexpectedly returned to a historic low, indicating a sturdy labor market that puts the inflation-focused Federal Reserve on course for another outsize interest-rate hike.

The positive jobs report could be a sign that recent interest rate increases haven’t caused businesses to slow hiring

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