The Latest Breaking News from Economy

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates

The slowdown in labor market is due to the post-pandemic recovery, job growth in a few industries, high interest rates, tech advances, and uncertainty about the economy, global events, President-elect Donald Trump's potential policies.

The value of the pound fell to its lowest level in over a year while UK borrowing costs jumped to their highest since the financial crisis

Lisa Nandy says chancellor’s visit to China is ‘right and proper’, despite continued bond market sell-off

The French Pacific territory of New Caledonia has named French loyalist Alcide Ponga as its new head of government, as the archipelago attempts to recover from months of violent unrest that has left the economy in tatters.

Shares have fallen for a second day in Asia after U.S. markets were closed to observe a National Day of Mourning for former President Jimmy Carter

It comes amid warnings that the condition ‘disproportionately affects women’ with the risk of ‘enormous’ costs to the economy.

Chancellor faces Tory calls to scrap planned visit to Beijing

February WTI crude oil (CLG25 ) Thursday closed up +0.60 (+0.82%), and February RBOB gasoline (RBG25 ) closed up +0.0181 (+0.90%). Crude prices Thursday settled moderately higher but remained below Wednesday's 3-month high. Signs of strength in the global economy support energy demand and crude prices after German industrial production...

The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025