The Latest Breaking News from Economy

The economy is picking up more quickly than feared and may even give recession the swerve. But that is despite, not because, of the mini-Budget mayhem.

Weak growth anticipates worse to come, given the promise of further RBA hikes and the economy has already begun to fall

The SNP leadership hopeful was responding to comments made by her opponent Humza Yousaf regarding a shift away from the party’s ‘progressive agenda’.

After a challenging year, growth stocks are expected to stage a recovery this year amid easing inflation and the Fed’s downshift on monetary policy tightening. Furthermore, recent strong economic data fed investors' and economists’ hopes that the economy could achieve a soft landing. Hence, it could be wise to buy…

But Governor Andrew Bailey says rates could rise again if inflationary pressures become embedded

Investors, businessmen and economists have called for the need to review Egypt’s investment laws, increase investment incentives and rely on the free zones system to strengthen the Egyptian economy in light of the current global challenges. Twenty-six representatives of major investment companies and executive agencies, as well as business experts,…

Sharp interest rate hikes are putting families under pressure, slowing economic growth, but a tourism rebound is providing recession optimism.

Egypt is in an economic crisis worsened by the Russian invasion of Ukraine

Australia has recovered better than most from the COVID pandemic. As measured by gross domestic product (GDP), the economy is now 7% larger than it was before the pandemic.

Türkiye's economy expanded 5.6% in 2022, official data showed on Tuesday but growth was expected to slow significantly to 2.8% in 2023 after earthquakes this month caused widespread destruction in the south of the country. The economy had started cooling in the second half of 2022 with a decline in…

Australia’s economy loses steam as interest rates bite