The Latest Breaking News from Economy

As Donald Trump prepares for his inauguration, the world is preparing for the beginning of the second Trump Revolution. Trump’s second term will be very different from his first, when his powers were more limited and restrained. In 2016 he did not win a majority of the popular vote.

Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.

IMF forecasts US economy to grow at 2.7% in 2025 but warns of risks from deregulation and reduced migration flows.

Barely six months after the UK general election, Chancellor Rachel Reeves’ political opponents are calling for her to resign. Former prime minster Boris Johnson cast one of the first stones with a post on X about “Rachel from accounts”.

House Democrats are pushing back against President-elect Trump's proposed tariffs, citing potential negative impacts on American consumers and the economy.

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy

After weeks of economic turbulence, new figures suggesting better growth in 2025 than previously expected will come as a welcome relief for the embattled chancellor

UK output now expected to advance by 1.6% in 2025, well ahead of France and Germany

The improved growth prospects will provide a boost for under-pressure Chancellor Rachel Reeves.