The Latest Breaking News from Economy

America’s economy is still 1.5 times larger than China’s, and it has a powerful weapon: the U.S. dollar.

JP Morgan Asset Management's Bob Michele says the U.S. economy is ending the year on strong footing, with companies and consumers handling tariffs better than expected and a Federal Reserve rate cut potentially adding momentum heading into 2026.

The former chancellor has also warned that pre-budget briefing as left an ‘air of gloom’ over the economy

When we write the story of the current revolution in technology and the global economy, it’s not going to be a story of technological prowess.

"As a share of GDP, government payouts will approach levels rarely seen outside of the 1980s' farm crisis and the farm aid packages under the first Trump presidency."

"We weren’t going out there and saying 'I’m going to reset my [growth] targets,'" Malaysia Finance Minister II Amir Hamzah Azizan explained.

Even with trade deals, the levies imposed on their goods are still well above pre-Trump norms.

Barring a material rise in unemployment or weaker-than-expected economic growth, mortgage holders can just about give up hope for any more interest rate relief.

French companies announced investments worth €9.2 billion on Monday at the first edition of a government-backed "Choose France" summit dedicated to domestic firms. The government is keen to show the euro zone’s second-biggest economy remains a top business destination despite political turmoil.