The Latest Breaking News from Economy

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Many are still feeling the pinch of inflation while the fruits of growth disproportionately go to the better off

Global markets react positively to China's stock market support plans and ECB interest rate cut. Chinese economy slows, prompting stimulus expectations. US...

Investors have been clamouring for Beijing to deliver more concrete plans for the country's stuttering economy since last month's slew of stimulus announcements that had fanned hopes officials would unload the "bazooka" policy many have been calling for.

It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace

“Toxic effect of high inflation” is hurting businesses, reports Begbies Traynor

Asian shares are higher after China's central bank released plans for supporting stock markets through share repurchases

World’s second-largest economy grows 4.6 percent in third quarter amid weak consumer demand and property woes.

Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector

In their only debate before Election Day, Gonzalez and Flores traded jabs over the economy, immigration and abortion, and regularly spoke over each other.