The Latest Breaking News from Economy

Singapore reportedly paid the singer £2.4m a show to host her Eras tour, causing dismay in Thailand and the Philippines

Debate on potential Fed rate cuts amid strong US economy; recent data prompts reevaluation.

From Mayank Yadav's fiery spells to Sunil Narines pyrotechnics, the second week of IPL saw jaw-dropping displays. TOI looks at some of the top performers.

The Federal Reserve and Wall Street should look below the headline March jobs report released Friday to three numbers that matter the most for inflation and interest rates -- labor force participation, unemployment rate, and hourly earnings.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.28%. Stock indexes on Friday posted moderate gains. Stocks rallied Friday on optimism that strength...

Zimbabwe introduces new currency ZiG backed by gold and foreign reserves to stabilize economy amidst currency crisis.

A whopper of a jobs report could complicate the Fed's rate-cut plans.

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. Stock indexes this morning are moderately higher on optimism that strength in the...

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. Stock indexes this morning are moderately higher on optimism in the US economy...

US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.