The Latest Breaking News on Economy

The stock market volatility is not expected to end anytime soon as the macroeconomic headwinds remain. So, I think fundamentally solid Johnson & Johnson (JNJ), Gilead Sciences (GILD), Stellantis (STLA), and Cardinal Health (CAH) could be the best stocks to own now and forever. Keep reading.

New York (AFP) - There is no recent precedent for a central bank successfully defeating inflation without "substantial economic sacrifice or recession," said a report presented Friday to Federal Reserve policymakers.

ABS figures show no evidence of the wage-price spiral so feared by the Reserve Bank, and Jim Chalmers says wages growth ‘isn’t the problem’.

While Australian individuals and small businesses struggle with inflation and a high cost of living, large corporations are reporting record profits.

Unions have condemned the potential wage increase, with one describing it as a 'sick joke'

Europe’s biggest economies beat expectations as business activity returned to growth, boosting the chances they can stave off recessions.

Wages growth again misses Reserve Bank and economist forecasts, as workers experience their biggest decline in real purchasing power on record.

December quarter wage index rose from 3.1% to 3.3%, but 7.8% inflation indicates a 4.5% decrease in real wages

The Victorian Greens are leading a call for Victoria's 1.5 per cent cap on public sector wages to be axed to keep essential workers' heads above water.