The Latest Breaking News from Economy

BCC says tackling barriers to work such as soaring childcare cost vital for a strong economy as well as equality

The Welsh Government is here to support Welsh firms seeking to win orders overseas

Mr Flynn said: ‘What they’re ignoring is the real damage that it’s causing to the economy and that’s particularly the case in Scotland.’

​WASHINGTON — ​Economists at Moody’s Analytics estimate that the Treasury Department will run out of borrowing room by mid-August if Congress doesn’t act to raise or suspend the statutory debt limit by then.

A recession is still more likely than not, and it may have to do with how much Americans are spending, the former treasury secretary says.

Despite a host of risk factors, including an uncertain global economy and relatively volatile energy prices, the national shipping group still hopes to stimulate export growth of 1-2% this year.

While the interest rates will likely rise more than previously expected, many analysts expect the economy to achieve a soft landing this year. Hence, buying and holding quality ETFs Vanguard Developed Markets (VEA) and Mortgage-Backed Securities (VMBS) could be wise this year. Continue reading….

The Fed’s potential higher-than-expected interest rate hikes have fueled concerns among investors about a mild recession. Hence, fundamentally stable and dividend-paying stocks Walmart (WMT), BHP Group (BHP), and American Vanguard (AVD) could be particularly enticing for those nearing retirement and seeking security in their investment approach. Read more….

Emir of Qatar Sheikh Tamim bin Hamad Al Thani received on Tuesday Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim on the sidelines of the Fifth United Nations Conference on the Least Developed Countries (LDC5), which is being held in Doha, reported the Saudi Press Agency. The minister…

NEW DELHI: India's gross domestic product (GDP) data for the third quarter (October-December 2022) received a word of caution from the former Reserve Bank of India (RBI) governor Raghuram Rajan.

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot