The Latest Breaking News on Economy

Applications for US unemployment benefits fell last week to the lowest since September, another sign of resiliency in the labor market amid a weakening economy.

The country’s official forecasters said the economy was already in a recession and may not return to pre-recession levels until 2025.

Statement delayed due to tax plan leak to the BBC

Everything you need to know from today's Scottish Government Budget update

There are now fewer people on JobSeeker and Youth Allowance than pre-pandemic although the long-term unemployed are still not finding work.

As countries across Europe and around the world grapple with high living costs and impending recession, voters are concerned about the economy and how their elected representatives will fix it.

"We now expect downward pressure on prices as customers seek out cheaper alternatives"

Tough economic conditions meant that 2022 was a rough year for people everywhere in the world. South Africa was no exception. But this year’s crop of problems came on top of a legacy of poor economic performance.

The US Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. The central bank boosted its benchmark rate a half-point to a range of 4.25% to 4.5% and projected it would continue rising to…

Some people would benefit. Others would lose money or be rendered unemployable.

THE cost of living crisis shows up the “fiscal constraints of devolution”, Scotland’s Deputy First Minister has said as he prepares to set out…