The Latest Breaking News from Economy

Once upon a time, raising the nation's borrowing limit was considered a fairly routine vote. Today, Biden and the GOP are on a partisan collision course that risks landing the U.S. in default.

Bill Ackman said he would be “would be surprised if deposit outflows don’t accelerate effective immediately.”

The economy has been in turbulence for many months, and a combination of global conditions and domestic policies will have extended these conditions well into 2023 and likely beyond. Although it’s looking less likely the UK will suffer a technical recession this year, the economy is still set to contract.…

Thousands of young Albanians have crossed the English Channel in recent years to seek a new life in the U.K. Their dangerous journey in small boats or inflatable dinghies reflects Albania's anemic economy and a younger generation’s longing for fresh opportunities

A burgeoning row between France and Germany fired by differences over nuclear energy and combustion engines threatens to spill over into a gathering of the 27 European Union leaders on Thursday. A row erupted between two of the European Union's biggest economies after Berlin upset some of its partners, notably…

The Productivity Commission’s nine-volume report has a tough central message. It says productivity policy has to focus on the areas that have proven the hardest in the past, rather than those where previously progress has been most readily achieved.

Approval of President Joe Biden has dipped slightly since a month ago to 38%

Fed Chairman Jerome Powell seeks to reassure Americans that their money was safe after the failure of Silicon Valley Bank, Signature Bank as the Fed continues to fight inflation.

Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes.

They promise to create 20,000 new jobs by 2030 mainly in the renewable energy sector

The UK and Welsh governments said the two freeports have the potential to create 20,000 jobs by 2030