The Latest Breaking News on Economy

The Government wants to revamp the benefits system to boost employment numbers that have not returned to pre-pandemic levels amid labour shortages.

EY said that while the recession might cut deeper than it thought earlier, it will not necessarily last longer than the previous forecast.

FRANCE 24 spoke to IMF Managing Director Kristalina Georgieva at the World Economic Forum in Davos. Gloomy economic forecasts have cast a long shadow over this year's event in the Swiss Alps. But Georgieva said that although the IMF projects 2023 to be "a difficult year" and for growth to…

Biden and Democrats want to raise debt limit without conditions but House Republicans will only agree if spending is cut – get the latest

Andrew Bailey has been on an official visit to South Wales

The countdown toward a possible U.S. government default is in the offing

The world's leading economists spent most of 2022 convincing themselves that, if the global economy was not already in a recession, it was about to fall into one. But with the year 2022 end, the global slump has been postponed to the present 2023.

Australia's unemployment rate remains stuck at 3.5 per cent, with 14,600 jobs disappearing from the economy in the latest official statistics.

Although inflation moderated for the sixth consecutive month in December, a recession is still likely as the Fed is expected to keep raising rates this year. Amid an uncertain economic backdrop, fundamentally strong and popular stocks on Wall Street, Microsoft (MSFT), Pfizer (PFE), and AT&T (T), could make ideal additions…