The Latest Breaking News on Economy

Hong Kong (AFP) - Asian markets rallied Thursday as investors breathed a sigh of relief after data showed US inflation finally easing from a four-decade high, giving the Federal Reserve some room to slow down its pace of interest rate hikes.

New York (AFP) - Stock markets bounced on Wednesday as better-than-expected US inflation data raised hopes that the US Federal Reserve will tone down its aggressive interest-rate policy.

Young people have been taking to the streets across India, demanding governments act to provide more jobs. In the northern state of Bihar, large numbers protested on February at delays in filling public sector vacancies. Some of them had passed the required examinations but waited several years for their job…

Prices rises will cause cuts in healthcare, education and defence unless the Treasury intervenes, according to a leading economic think tank

Severe cuts to services feared as rising costs absorb a big chunk of increased departmental spending

The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.

Consumer sentiment normally has a political bias – voters for the government of the day survey more optimistically than those supporting the opposition.

Report proposes big changes to Australian economy including giving workers more clout to bargain for better pay

Our politicians have opted to protect profits instead of people. Even my own party isn’t doing enough, says MP Zarah Sultana