The Latest Breaking News on Economy

“It would be devastating. It's a catastrophe," Yellen told Axios.

The North East's child poverty rates are the highest in England and are the worst they have been for more than two decades, a harrowing report confirmed this week

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

Data shows that the amount of students from the EU joining an undergraduate or postgraduate course plummeted from 66,680 in 2020 to 31,000 in 2021

After he was elected speaker on the 15th ballot, Kevin McCarthy promised that the U.S. House under Republican leadership would protect the national economy, saying that the party was committed to “stop wasteful Washington spending, to lower the price of groceries, gas, cars, housing, and stop the rising national debt.”

A second consecutive quarter of economic growth underscored Thursday that the nation isn’t in a recession despite high inflation and the Federal Reserve’s fastest pace of interest rate hikes in four decades

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession

The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped by consumption and business investment although recession fears loom. Economic activity has been easing as the US central bank hiked the benchmark lending rate seven times last year, in hopes…

Crises in productivity and wealth inequality won’t be solved with ideas from the 80s, says the author and historian David Edgerton

In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.

The United Nations is forecasting that global economic growth will fall significantly to 1.9% this year