The Latest Breaking News from Economy

Friday's jobs report is expected to show that hiring slowed to nearly a two-year low, but remains too strong for the Federal Reserve.

City Comment: Inflation and the direction of interest rates remain great unknowns, but the signs are not good

The Australian telecommunications industry has reached a new low, becoming the most distrusted sector in the economy.

Opportunities abound for private Chinese and foreign companies to capitalize on the country’s new growth strategy, despite widely perceived challenges

June S&P 500 futures (ESM23) are trending down -0.08% this morning after three major U.S. benchmark indices ended the regular session mixed as weaker-than-estimated economic data fueled worries that the Federal Reserve’s rate-hike campaign could push the U.S. economy into a recession, while investor focus shifted to key Friday’s U.S.…

June S&P 500 futures (ESM23) are trending down -0.22% this morning after three major U.S. benchmark indices ended the regular session mixed as weaker-than-estimated economic data fueled worries that the Federal Reserve’s rate-hike campaign could push the U.S. economy into a recession.

Former Iranian President Hasan Rouhani on Thursday called for free elections and a general referendum on foreign, domestic, and economic policies 332 days before the scheduled legislative elections. During his meeting with the ministers and senior officials of his former cabinet, Rouhani said that this year would be a test…

Asian shares are trading mostly lower as investors turn their attention to upcoming earnings reports and other economic indicators

Fitch ratings has upgraded Saudi Arabia’s Long-term foreign-currency issuer default rating (Idr) to ‘A+’ from ‘A’, with stable outlook. This reflects Saudi Arabia's strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the 'A' and 'AA' medians, and significant fiscal…

Attempts by some countries to interfere with New Zealand's democracy, economy and civil society "are persistent", according to New Zealand Security Intelligence Service's (NZSIS) annual report.

In tonight's edition: South Africa rolls back a state of disaster over a national power crisis, even though rolling blackouts are still crippling the country's economy. Also, the WTO says goods exports are declining in Africa even though the continent has absorbed the shocks from Covid and the war in…