The Latest Breaking News from Economy

The dollar index (DXY00 ) Tuesday rose slightly by +0.02%, supported by higher T-note yields. Also, hawkish Fed comments supported the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy, and St. Louis Fed President Musalem warned...

The teachers' union is calling for a ban on the implementation of a new schooling model until the federal government lifts its share of public school funding.

Exclusive: Chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises

THE industrial investment Sweden has attracted through introducing zonal energy pricing shows how much the Scottish economy could benefit from…

In September 2024, the Federal Reserve made a surprising move by slashing interest rates by 50 basis points—a bigger cut than most economists had predicted. While rate cuts are usually a sign of an economic slowdown, U.S. GDP remains relatively strong, leaving many market watchers puzzled. So, why the rate...

The dollar index (DXY00 ) today is down by -0.04% as a rally in stocks curbs liquidity demand for the dollar. Hawkish Fed comments limited losses in the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy,...

Vice President Kamala Harris leads Donald Trump in a new poll on representing change, but Trump maintains voter trust on key issues like the economy.

For the first time in American history, quantum computing was mentioned by a candidate during a presidential debate, on Sept. 10, 2024. After Vice President Kamala Harris brought up quantum technology, she and former President Donald Trump went on to have a heated back-and-forth about American chipmaking and China’s rise…

While we are unlikely to return to the days of zero interest rate policy, cash and cash equivalents won't be the slam dunk they have been during the past two years.

Oil, which has been boosted by hopes for a recovery in the world's number two economy, sank almost two percent. Uncertainty over China has offset worries about a regional war in the Middle East as Israel considers its response to Iran's missile attack last week.

The London Chamber of Commerce and Industry warned against an excessive clampdown on immigration