The Latest Breaking News from Economy

If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on…

Bank of America CEO Brian Moynihan says he expects mild downturn in third quarter of 2023.

February figures from BRC highlight impact of cost of living crisis on British economy before budget

McThai Co, the operator of McDonald's restaurants, has upgraded its investment plan, increasing spending to 300 million baht this year, up from 200 million in its earlier plan, after witnessing a recovery in consumption and the economy.

Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk…

Turkish opposition leader Kemal Kilicdaroglu emerged on Monday as the main challenger to President Recep Tayyip Erdogan in landmark elections expected on May 14, after a six-party alliance picked him as expected as its presidential candidate. Kilicdaroglu, 74, head of the country's second-biggest party, aims to emerge from Erdogan's shadow…

With the aim of strengthening national security and economy, Minister of Labour Mr. Suchart Chomklin on 24 February 2023 ordered the Department of Employment (DOE) to visit Pak Khlong Talad (Flower Market) to inspect illegal alien workers vying for Thai workers’ jobs.

When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

German Chancellor Olaf Scholz says his country faces considerable challenges, but also opportunities, in the coming years as it seeks to transform toward a green economy with a shrinking workforce

The Bristol-based financial services firm warned UK was ‘lagging’ behind other countries when it comes to investment in green tech

City comment: If the Chancellor’s exciting new plan costs or saves less than £25 billion, it is a waste of time.