The Latest Breaking News from Economy

Brief letters: Brexit’s cost | University funding | ‘Return of tax and spend’ headline | Bankers’ bonuses | Cross Clarkson | Penny off a pint

Perhaps the most important long-term change announced in the first Labour budget are the new rules the government has set itself to fund the expansion of public services and increase public investment. These fiscal rules, which set out how much the government can borrow and spend, are seen as critical…

As a steelworker, I know how hard people are struggling – and I fear that next week they may fall for Trump’s simple answers, says local mayor JoJo Burgess

Amid deep political polarization and extreme campaign rhetoric, the U.S. presidential election on November 5 is likely to be decided by a small number of voters in swing states such as Pennsylvania and Michigan. But why is it so close?

December S&P 500 E-Mini futures (ESZ24) are down -0.77%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -1.09% this morning as investors digested quarterly earnings reports from Microsoft and Meta as well as robust U.S. economic data that muddied the outlook for Federal Reserve rate cuts.

In today’s newsletter: They spent weeks bracing the country for ‘tough decisions’, but in Labour’s first budget in 14 years, the chancellor adopted a slightly more optimistic tone

Asian shares are mostly declining amid uncertainty ahead of the United States presidential election next week

That's costing the British economy a staggering $176 billion.

The ‘Hasta el Amanecer’ singer explained that he had originally supported Trump because he ‘believed it was what’s best for the economy’