The Latest Breaking News from Economy

The Fed's goal of bringing down inflation without triggering a recession may have just gotten a lot harder.

As inflation remains stubbornly high and the labor market still strong, the Federal Reserve has warned that the benchmark interest rate will climb higher than expected. This could tip the economy into a recession. Amid the uncertainty, new investors looking to build their portfolios could start by buying Coca-Cola (KO),…

Starmer was speaking during a visit on Friday to the technology company Siemens near Glasgow.

A hot employment market is good news for some but some Democrats fear that it will incentivize the Federal Reserve to raise interest rates.

The party leader was speaking during a visit to Glasgow on Friday.

Since Jorge Mario Bergoglio first stepped onto the balcony of St. Peter’s Basilica as Pope Francis on March 13, 2013, he has made no shortage of statements that attract attention. “Who am I to judge?” he famously said about gay priests. “Nowadays there is an economy that kills,” he once…

The unemployment rate edged up to 3.6% from 3.4% — still historically low.

£250bn could be added to the UK economy if women matched men in starting and scaling businesses

Saudi Arabia’s gross domestic product (GDP) grew by 8.7 percent in 2022, registering the highest growth rate among the G20 countries, despite the complex economic conditions and challenges facing the world. This rise has exceeded the expectations of international organizations, which have estimated the Saudi GDP to increase by 8.3…

The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."

GDP is likely to edge sideways in 2023 (if that) but the true impact of rising interest rates has yet to be felt