The Latest Breaking News from Economy

The United States unveiled sweeping sanctions Friday against almost 400 individuals and companies tied to Russia's war in Ukraine, expanding existing measures to curb Moscow over the invasion of its neighbor.

With the economy being in an uncertain state amid the hopes of an interest rate cut by the Fed, high-yielding dividend stocks could be a great addition to your portfolio. So, should you invest in AT&T (T), Altria Group (MO), and MPLX LP (MPLX) before the rates drop? Keep reading…

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming

Fed chairman hails progress in battle to bring down inflation, with cut rates starting from September

The past decade and a half has seen upheaval across the globe. The 2008 financial crisis and its fallout, the COVID-19 pandemic and major regional conflicts in Sudan, the Middle East, Ukraine and elsewhere have left residual uncertainty. Added to this is a tense, growing rivalry between the U.S. and…

The yen also advanced after the head of Japan's central bank told lawmakers that officials could hike interest rates again if the economy and inflation perform as expected, weeks after a surprise increase caused turmoil on markets.

Infrastructure is a critical component of economic stability and growth, and its loss can have far-reaching effects on the economy. Read further on Dynamite News:

With the Federal Reserve considered certain to start cutting its benchmark interest rate next month, Chair Jerome Powell’s highly anticipated speech Friday morning at an economic conference will be closely watched for any hints about how many additional rate cuts might be in the pipeline

Soaring unemployment and poverty are fuelling unrest as Palestinian firms and workers face ‘economic siege’

Combat operations are straining Israel’s economy, leading to shrinking of the GDP and downgrading of sovereign rating.

The Northern Territory is going to the polls this weekend. The incumbent Labor government is under serious challenge from a rejuvenated Country Liberal Party (CLP) opposition, led by Lia Finocchiaro. This is an election mainly about crime and the state of the economy, and neither issue is good for Labor.