The Latest Breaking News from Economy

Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for the first time in more than three years

German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis.

Officials at 14 ports along the US East and Gulf coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election.

What the slowdown in China means for U.S. businesses.

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too.

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy

Potential strike by 45,000 dockworkers could disrupt US ports, impacting supply chain and economy.

The Israeli invasion of Lebanon has begun – and there are reports of heavy fighting between units of the Israel Defense Forces and Hezbollah in south Lebanon, accompanied by airstrikes and shelling of Hezbollah positions.

Azerbaijan is hosting the next UN climate summit, Cop29, in November. Their proposed agenda omits discussions on phasing out fossil fuels and excludes civil society participation. This is not a surprise. Azerbaijan has recently increased oil and gas production, and aims to diversify its economy by expanding mining.