The Latest Breaking News from Economy

I don’t pretend the choices will be easy, but my budget has one focus: to invest in building a better future for everyone, says UK chancellor Rachel Reeves

Exclusive: Fiscal watchdog predicts productivity downgrade will leave chancellor with £20bn gap to fill in budget

For nearly four centuries, the world economy has been on a path of ever-greater integration that even two world wars could not totally derail. This long march of globalisation was powered by rapidly increasing levels of international trade and investment, coupled with vast movements of people across national borders and…

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making?

Sanae Takaichi, a hardline conservative with nationalist views, was elected as Japan’s first ever female prime minister on October 21. Known as a protege of the assassinated former Japanese prime minister, Shinzo Abe, she is assertive on defence, hawkish on China and is keen to bolster Japan’s regional role.

A prolonged federal government shutdown is hitting Washington D.C.’s economy hard, with consumer spending now falling at rates not seen since the 2008 financial crisis, raising fears of deeper economic disruptions if the deadlock continues.

How successful is luxury tourism in Africa? What happens if it fails to produce higher tourism revenues: can it be reversed? And does it depend on what kind of government is in place?

Rumoured levy sends a clear message: success is something to be taxed, not celebrated

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring