The Latest Breaking News from Economy

We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

Former president pushes notion he’ll revive US economy even as his lack of pandemic leadership did ‘enormous damage’

Karnataka IT/ITeS exports cross ₹3.2 lakh cr in FY23, 40% of total jobs in knowledge economy, 65% of aerospace/defence exports. Karnataka seeks to spark global tech connectivity, executed two programmes to Dusseldorf, UAE in FY23-24. State has 14,000 startups, 440 GCCs, seeks to fix infrastructural chaos.

The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.

The upward revision was caused by stronger business investment and government spending.

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate