The Latest Breaking News from Economy

The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast over the medium term, according to fresh data published Tuesday.

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

Taylor Swift and Travis Kelce's relationship boosts their ventures and industries they're involved in, impacting the economy significantly.

The decline in single-family housing starts in the US raises concerns for the economy and construction industry, impacting various sectors.

Canada's inflation rate rises to 2.9% due to higher prices, but underlying trends suggest a cooling effect on the economy.

US retail sales data shows strong performance, boosting consumer spending and the dollar value, signaling a robust economic recovery.

Federal Reserve Chairman Powell and Treasury Secretary Jefferson to discuss 'restrictive' monetary policy in response to strong economic data, focusing on ...

This month, an intergovernmental meeting convenes in Ottawa in hopes of advancing a legally binding global agreement to end plastic pollution.

China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile,…

Pakistan's Finance Minister is optimistic about securing an IMF loan to address economic challenges and stabilize the country's economy.

Japan's finance minister closely monitors FX market and yen's impact on economy for stability.