The Latest Breaking News from Economy

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth

As an environmentally conscious consumer, buying a new phone can be challenging. Today, most chips come from East Asia, assembly happens in China, and tracing the environmental and social impact of production is all but impossible. On top of that, rare-earth elements from China are increasingly used as geopolitical leverage.

Helping businesses leverage clean energy and AI will transform Australia to its "fourth economy" and improve productivity growth, Treasurer Jim Chalmers says.

For decades, Nissan and Honda have competed with one another in just about every way possible, except for pickup trucks and motorcycles. That's why the world was shocked last year when the rivals announced a $60 billion plan to merge into one company in what was seen as the biggest…

During its 16th annual summit in Kazan, Russia, Brics – a group of emerging economies determined to act as a counterweight to the west and to whittle down the influence of global institutions – invited Nigeria and eight other countries to join it as “partner” countries. Nigeria formally accepted the…

Explore the impact of Trump's trade war, potential escalation, and implications on the U.S. economy and global trade dynamics.

Today, the French retirement reform is an expensive system, threatening to break the economy.

Greenville, South Carolina, has been gaining attention for its charming downtown, strong sense of community, and thriving economy.