The Latest Breaking News from Economy

The past 40 years have seen massive expansion of the dominance of large corporations in the global economy. A wave of neoliberal reforms spread internationally from the 1980s with the promise that deregulated markets would unleash the animal spirits of private enterprise, bringing a new era of growth and prosperity.

When Prime Minister Anthony Albanese visits China later this year he will encounter a nation whose future is about as uncertain as it was 50 years ago when Gough Whitlam became the first Australian prime minister to visit in late 1973.

Politicians are spending the election campaign weaving all sorts of financial figures into a cloth that suits their narrative – but there's another issue on the horizon that would overshadow everything.

Nouriel Roubini saw a “variant of another Great Depression” less than a year ago, but now he’s open to a soft landing without any recession at all.

Almost a year after her disastrous mini-budget, ex-PM says she was right and the economy and everyone else was wrong

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

While former PM takes some responsibility for markets crisis after mini-budget, she says main fault lay with Bank of England

Conservationist Morad Tahbaz among prisoners to be swapped in deal involving unfreezing of Iranian oil money. Plus, has the Chinese economy reached its peak?

Watch as Liz Truss makes a speech on the economy on Monday (18 September), urging the government to cut taxes in a speech one year after her disastrous mini-budget.

GREEN MSP Mark Ruskell was forced to “correct” a BBC presenter twice during an interview on road safety.

We rely on too many old ideas. Governments must foster growth that is innovative and sustainable, says economist Mariana Mazzucato