The Latest Breaking News on Economy

The dreaded "R" word is back on Wall Street. Now's the time to prepare for the next economic downturn.

GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough

New data on wage growth and demand for workers will be in focus this week, as borrowers await clues on when the central bank might cut interest rates.

Equities across the planet have seen big fluctuations since a closely watched gauge of the US labour market came in well below forecasts and fanned fears the Federal Reserve may have waited too long to cut interest rates.

Asian stocks rallied Friday as investors breathed a sigh of relief after US jobs data soothed concerns that the world's top economy could tip into recession, bringing a painful week to a positive end.

The Federal Reserve may back a half-point rate cut on Sept. 18, even as recession fears ease, because it wrongly delayed a pivot to avoid an S&P 500 bubble.

The unexpected rise of US unemployment rate to a nearly three-year high has shaken the market and split economists.

US chip titan Intel became the latest bearer of bad news, warning it would slash more than 15 percent of its workforce -- about 18,000 jobs -- as it streamlines operations.

This year, the Union government allocated Rs 3.27 lakh crore or 6.8 percent of total expenditure under the gender budget, which includes schemes for the welfare of women. This represents a 19 percent increase compared to the revised estimate for 2023-24 and is also 5 percent higher than the interim budget for…