The Latest Breaking News from Economy

Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy.

Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil.

Passive income is a dream for many retirees—money that flows in without constant work. But not all income streams hold up when the economy contracts....

Across all the tariff-impacted industries, payrolls fell by 90,100 after February—the last pre-trade war month.

Experts believe the true cost of the Rail, Maritime and Transport union strike could rise further this week

"Central to our view," Morgan Stanley's Mike Wilson argues, "is the notion that the economy has been much weaker" than the headline numbers suggest.

Tariffs, tax legislation and President Trump's immigration policy are all contributing to an unclear economic picture.

The world's eighth-largest economy isn't a country — it's Texas. Bigger than most nations in GDP, the Lone Star State likes to market itself as unstoppable. But behind the bravado, Texans are struggling more than anyone else in America to keep up with their bills.

U.S. economy may be holding steady overall, but the financial divide is getting harder to ignore. Higher-income households are spending more and seeing stronger wage growth, while lower-income households are increasingly feeling left out, according to recent data from the Bank of America Institute.

It’s no secret that convenience sells, but what many people don’t realize is how much companies depend on customer inaction. From hidden fees to subscription traps, the economy thrives on people choosing the easiest path rather than the most cost-effective one. These weird ways businesses profit off customer laziness might…

Renewables are thriving, with Africa breaking solar energy records – but action is needed to plug financing gap