The Latest Breaking News from Economy

The foundation of China's economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from global economic problems. Some countries have to play a balancing act as they try to stabilize their economies, prices and financial markets, said Han Wenxiu, deputy…

Bitcoin mining is going to happen. It's best to have it happen it here.

St. Louis Fed president Bullard told Bloomberg Friday he fears '70s-style inflation will hit the global economy if the Fed changes its inflation target.

May WTI crude oil (CLK23 ) on Friday closed down -0.70 (-1.00%), and May RBOB gasoline (RBJ23 ) closed down -1.23 (-0.48%). Crude oil and gasoline prices Friday closed moderately lower due to ongoing concerns that the banking turmoil could push the global economy into a recession, undercutting energy demand....

Liz Truss - who lasted just 49 days as PM after she tanked the economy - has nominated at least four new lifelong members of the House of Lords.

The billionaire investor says interest rate hikes are undermining the economy and could lead to more bank turmoil.

What will it cost to transition the global economy to net zero? We take a look at how much money should be spent and where, in order to mitigate global warming. Charles Pellegrin speaks to Lord Adair Turner, Chair of the Energy Transitions Commission, a global coalition of leaders from…

Wall Street economists and the Fed increasingly expect fallout from that collapse to linger in the months ahead.

Approval of President Joe Biden has dipped slightly since a month ago, nearing the lowest point of his presidency as his administration tries to project a sense of stability while confronting a pair of bank failures and inflation that remains stubbornly high. That’s according to a new poll by The…