The Latest Breaking News from Economy

Interest rate remains high at 4% while President Joe Biden thinks the economy can avoid a recession.

Andrew Bailey to give speech in City of London signalling further interest rate rises are in store

After a challenging 2022, the steel demand is expected to rise thanks to the reopening of the Chinese economy, easing inflation, and America’s infrastructure development initiatives. To that end, it could be wise to buy fundamentally strong steel stocks ArcelorMittal (MT), Commercial Metals Company (CMC), and Aperam (APEMY). Read more.

BUSINESS DAILY – Monday, 10.07.2023: We take a look at how the investment of €1.4 billion to clean up the Seine river is beginning to bear fruit. The Paris mayor's office has unveiled the three sections of the Seine that will be safe to swim in by 2025, in a…

For millions of individuals that means real spending cuts — which could translate to a slowdown for the economy overall.

A dramatic drop in foreign workers’ remittances signals a further blow to the economy as Islamabad seeks an IMF bailout.

'If anything the economy has grown too quickly.'

The violence in West Bengal seems to be unrelenting with reports of fresh clashes amid repolling for the single-phase panchayat polls in several areas on Monday. At least 19 have been killed during the election, and 22 in the run-up to it, despite the deployment of nearly 60,000 central security…

In today’s newsletter: The prime minister promised to halve inflation this year, and is already struggling. What does that mean for an economy that keeps getting worse?