The Latest Breaking News from Economy

Australia's first major defence force review in a generation says the nation's geographical benefits are "radically reduced", with WA's north now a "primary area of military interest".

Rishi Sunak hears concerns over tax-free shopping rules, AI and CBI allegations at first summit with UK corporate leaders

The conversation around the role of central banks in the economy has taken on a new dimension among U.S. presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital U.S. dollar as they make…

MIAMI — Seaports and airports are the lifeblood of South Florida’s tourism-based economy. But as the relentless rains that swamped Fort Lauderdale last week illustrated, those critical transit and supply chain hubs are vulnerable to debilitating flooding.

WASHINGTON — Former President Donald Trump is girding to take a swing at Florida Gov. Ron DeSantis on one of the things his chief rival is proudest of: his handling of his state’s economy.

RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.

Instead of tackling the fallacy and lie, the review came up with this: 'There should be increased joint work between Treasury and the RBA'.

The recent collapse of Silicon Valley Bank, which has resulted in a credit crunch, and the rise in new claims for unemployment benefits have created a gloomy outlook for the economy. In light of investors' increased aversion to risk, it might be wise to avoid KKR & Co. (KKR), Hess…

WASHINGTON — House Speaker Kevin McCarthy is coming up short in support for his first big legislative effort, a bill tying a debt ceiling increase to spending cuts, risking serious damage to both his stature and the U.S. economy.