The Latest Breaking News from Economy

LOS ANGELES — Leaders of the Writers Guild of America secured a strong showing of support from its members on Monday, moving the union closer to a possible work stoppage that would disrupt Hollywood production and ripple across Southern California’s economy.

Last month's bank crisis could be a "substitute" for further interest rate hikes by the Fed that might trigger a recession.

Germany's former chancellor Angela Merkel was awarded the country's highest possible honour on Monday amid reflection on her 16-year tenure at the helm of Europe's biggest economy.

The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and weaken growth, Christine Lagarde, the president of the European Central Bank, warned Monday

THE Scottish Government’s commitment to building a “wellbeing economy” risks becoming a mere “catchphrase” if it fails to take concrete…

Thirst for ‘revenge’ travel after the Covid pandemic is driving return prices to almost $3,000 to some European cities, booking site says

VisitWest hopes to deliver stronger leadership and strategies for the region in order to boost tourism economy

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

Survey finds levels of optimism across the region at its highest in over a year

The source of the issue lies with the supply of jobs, which needs to be addressed by improving the economy, particularly the private sector