The Latest Breaking News from Economy

Although fewer banks are tightening lending standards, more businesses and households are feeling the squeeze.

Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10

The OECD slashes its economic growth forecast for UK, while increasing expected inflation rate

Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country

“China’s economy is in a property-led and fertility-led depression,” Yardeni wrote, adding that this “benefits countries that import Chinese goods at depressed prices.”

It's a sign they're still unhappy with the economy.

The tide of employment law has continued to turn on the gig economy after the UK Supreme Court’s recent ruling that Deliveroo drivers are not considered workers but self-employed independent contractors.

Climate change is causing tropical species in the ocean to move from the equator towards the poles, while temperate species recede. This mass movement of marine life, termed tropicalisation, is leading to a cascade of consequences for ecosystems and biodiversity, and has the potential to impact the global economy.

The Kenyan High Court has struck out key clauses of a contentious finance law that has been blamed for significantly raising taxes and the cost of living in East Africa’s largest economy