The Latest Breaking News on Economy

"I don't think there will be a recession," he told CNN. "If it is ... we'll move down slightly."

WASHINGTON: President Joe Biden said a recession in the US is possible but that any downturn would be “very slight” and that the US economy is resilient enough to ride out the turbulence.

The post-Covid recovery has run out of steam. The latest update to the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (Tiger) shows that growth momentum, as well as financial market and confidence indicators, have deteriorated markedly around the world in recent months, many countries are either in or…

Getting the cash rate back to neutral is more about the journey than the destination and the Reserve will be guided by changing economic conditions.

Revenue boost will aid budget repair as ‘storm clouds’ loom over economy, Deloitte predicts

Businesses need strategy to help them reduce costs, but also need to be able to quickly ramp up their operations

Unemployment dropped from 3.6% to 3.5% in the three months to August

Institute for Fiscal Studies says it is not possible to deliver cuts on that scale through efficiency savings

You wouldn’t know it from watching the news, but American children are doing better than they were at the beginning of the COVID-19 pandemic, at least when it comes to having their basic needs met.

Cascading global crises have left 54 countries -- home to more than half of the world's poorest people -- in dire need of debt relief, the UN said Tuesday. In a new report, the United Nations Development Program warned that dozens of developing nations were facing a rapidly deepening debt…

Jim Chalmers says spiralling energy costs the most ‘problematic aspect of our inflation problem’ through to mid-2023