The Latest Breaking News on Economy

Problems on the gilt markets have overshadowed the Chancellor’s trip to China.

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency

Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ‘very severe reductions and squeezes’ on public services

Equities fell again in Asia on Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making on interest rate, with several officials indicating the cutting has finished for now.

The CWC remembered the former PM Dr Manmohan Singh for his exceptional contributions to Indian politics and the economy, describing his leadership and dedication as milestones in India's development. Read further on Dynamite News:

Britain's economy was stagnant in the third quarter, according to revised official data released Monday, dealing a fresh blow to the Labour government.

Businesses have issued a stark warning to Rachel Reeves that the economy is “headed for the worst of all worlds” with activity expected to fall…

The Budget hike to employers’ national insurance is ‘exacerbating an already tepid demand environment’, the CBI warned.

The Federal Reserve's recent rate cut indicates a stable yet slowing economy, with inflation sticking around but consumer spending strong. In light of these events, penny stocks, Ribbon Communications (RBBN), Ironwood Pharmaceuticals (IRWD), and Organogenesis Holdings (ORGO), all priced under $5, could make attractive investments. Read on….

Appropriately, we finish our podcast for 2024 talking to Treasurer Jim Chalmers and his shadow, Angus Taylor because, as the saying goes, “it’s the economy, stupid!”

Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn.