The Latest Breaking News on Economy

ONS said central government debt interest payable was £8.2 billion in August 2022, £1.5 billion more than in August 2021

Washington (AFP) - The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase in interest rates as it tries to cool the economy to tamp down the highest inflation in 40 years, but recession fears are rising.

Businesspeople in the U.S. have been complaining for more than a year about how hard it is to hire anybody. Their public-sector counterparts have had it worse, though, and it might not just be a pandemic thing.

Treasurer says improvement comes in large part from higher than expected commodity prices boosting returns from mineral exports

Cathie Wood says Larry Summers is overly fixated with inflation, and she's holding fast to her view that we're suffering deflation.

Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the minimum limits established in the Basel Agreement, noting that the total debt in the sector exceeded $756 billion. For his part, the Governor of the Saudi Central…

Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says

Businesses may struggle as consumers cut back spending amid high inflation and rising fuel costs, economists warn

Figures show the cost-of-living crisis is biting before small businesses have fully recovered from the pandemic