The Latest Breaking News on Economy

Applications for U.S. unemployment insurance rose for a second week and held near the highest level since November, indicating continued moderation in the labor market.

Study shows pay rises could fall behind inflation by 8% later this year, an unprecedented drop in living standards

The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the U.S. job market continues to show signs of strength

New Zealand's opposition has described the government's much-vaunted cost of living payments as a "debacle" after cash went to backpackers and the deceased.

Income tax thresholds, including the personal allowance, have been frozen for four years. But inflation is soaring and could hit 13% - meaning people will be dragged into paying more

Young people have been taking to the streets across India, demanding governments act to provide more jobs. In the northern state of Bihar, large numbers protested on February at delays in filling public sector vacancies. Some of them had passed the required examinations but waited several years for their job…

Prices rises will cause cuts in healthcare, education and defence unless the Treasury intervenes, according to a leading economic think tank

Severe cuts to services feared as rising costs absorb a big chunk of increased departmental spending

The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.

Consumer sentiment normally has a political bias – voters for the government of the day survey more optimistically than those supporting the opposition.

Report proposes big changes to Australian economy including giving workers more clout to bargain for better pay