The Latest Breaking News from Economy

Bank left cash rate unchanged in July and meeting minutes state squeeze on households means consumption could slow ‘more sharply than implied by the current forecasts’

Labor’s energy minister to unveil decarbonisation plans for six areas of the economy in Sydney speech

The Canadian health-care system is under pressure as service levels decline while costs escalate. Drugs are one of our largest health-care expenditures. A federal agency, the Patented Medicine Prices Review Board (PMPRB), is supposed to control drug prices for Canadians.

With China’s economy growing less than expected in Q2, calls have intensified for the government to expand stimulus measures to revive growth. Several investment banks cut their growth targets for China this year after today’s disappointing Q2 GDP report. The markets will look to a meeting later this month when...

When Liz Truss and Kwasi Kwarteng’s tax-cutting mini-budget triggered a UK debt crisis in autumn 2022, the pound plummeted to almost parity with the US dollar. In 2023 the UK has endured weak growth, falling productivity and high inflation, yet the pound has been the strongest performing currency among the…

Germany's central bank says the country's economy appears to have returned to slight growth in the April-June period after shrinking for two consecutive quarters

Chinese economy expands 6.3% YoY in Q2, falling short of economists' estimates, prompting calls for stimulus measures.

Turkish President Recep Tayyip Erdogan is beginning a three-stop tour of Gulf states to raise trade and investment for Turkey’s floundering economy

A new poll from Fortune reports that just 38% of CEOs are pessimistic about the global economy, down from 76% in October.

A crisis of global systemic relevance would require a confluence of factors, write BCG's Philipp Carlsson-Szlezak and Paul Swartz.

Asian shares are mostly lower after China reported weaker growth than forecast in the last quarter