The Latest Breaking News from Economy

Too often in discussions about productivity, the care economy only gets mentioned as the problem child putting a drag on growth. This week, the Productivity Commission is seeking to change that narrative with the release of its fifth and final report ahead of the government’s economic reform roundtable next week.

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.”

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’

Labour is reversing a decade of stagnation and we’re making progress on wages, jobs and trade. But there is more to do, says Rachel Reeves, chancellor of the exchequer

President’s approval rating with right-leaning Americans has dropped on issues including personal trust and the economy

There has been some turbulence over the last 52 weeks for Amazon's stock, and it has some investors concerned.

In a stark warning to investors, billionaire Howard Marks of Oaktree Capital argues that escalating government intervention in the economy is creating a stock picker’s market by deliberately creating winners and losers.

The U.S. government’s fiscal deficit ballooned to $291 billion in July, a nearly 20% jump from the previous year, triggering sharp criticism from prominent economic and political commentators.

Life is expensive. So I turned to my artificially intelligent companion (ChatGPT) and asked real, hard questions about how to survive in this economy.

Vietnam wants to follow in the footsteps of Taiwan and South Korea, but focusing on one single industry is no longer viable to build a strong and resilient economy.

The Reserve Bank’s rate cut this week will help relieve many mortgage holders, but it wasn’t all positive news from the bank. It also underscored the serious productivity and economic growth challenges facing the Australian economy.