The Latest Breaking News from Economy

SCOTLAND’S first Festival of Economics begins today in Dundee.

CIPD report argues that skills development and community impact will be key in the transition to a green economy

Work is expected to start on the site at Newgate Street immediately and will be a permanent building rather than shipping container structure

The UK’s central bank announces 11th consecutive interest rate increase as it focuses on fighting inflation.

Amidst high inflation, banking failures in recent weeks, and tight monetary policies, the economy is expected to witness a downturn this year. Against this backdrop, fundamentally weak stocks, Snap (SNAP) and Peloton Interactive (PTON) could be best sold short, liquidated, or avoided completely. Read on.

Financial regulators confirm the resilience of Australia's banking system following rigorous oversight during the past fortnight.

Federal Reserve policymakers have targeted a “soft landing” for the U.S. economy since beginning their effort a year ago to tame runaway inflation by hiking interest rates. That is, they believed they could do so without sending the U.S. into recession.

The soaring global oil demand, especially driven by the Chinese economy, and constrained supplies have created enduring tailwinds for the energy sector. Given this backdrop, quality oil and gas stocks Marathon Petroleum (MPC) and Valero Energy (VLO) could be solid buys now. Read on….

The cannabis industry has been facing several economic and regulatory challenges. Demand has also slowed amid a glut in supply. With the Fed unlikely to stop interest rate hikes, the economy could enter a recession this year. Amid this backdrop, it could be wise to avoid fundamentally weak cannabis stocks…