The Latest Breaking News from Economy

Bosses at Dorset port have said providing berthing space for the vessel would help to ‘drive continued growth, secure more long-term jobs and generate future investment’

Tuesday’s budget will include $11.3 billion over four years to fund the 15% pay rise aged care workers will receive from July 1.

Australia likely avoids a recession, but it's already starting to feel like one as cost of living and higher rates spark a shopper retreat.

Lending is almost certain to tighten, creating a new headwind for an otherwise decent economy.

At the annual Milken Institute Global Conference, chief executives gave insight into what's to come.

The Global Asset Allocation Conference underlined on Tuesday the importance of new rules and patterns to strengthen the digital economy. The conference was organized by the Family Office and held in the Saudi capital, Riyadh. Prince Turki Al-Faisal bin Abdulaziz, President of the King Faisal Center for Research and Islamic…

Banking group expects the economy to fall by 0.6% in 2023 overall, slipping into a 'mild recession' over the first three quarters

Expected hike in benchmark rate to a range of 5% to 5.25% could push US into recession

Thailand's economy is expected to grow 3.0% to 3.5% this year, a leading joint business group said on Wednesday, unchanged from a previous forecast as the tourism sector gathers steam and exports remain weak.

Small businesses – the heartbeat of the U.S. economy – are beginning to feel the pinch of tighter credit conditions as the Federal Reserve continues to increase borrowing costs.

Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous