The Latest Breaking News from Economy

Israeli Prime Minister Benjamin Netanyahu on Wednesday remained steadfast in his stance that a plan by his new right-wing government to overhaul the judiciary, which has come under increasing criticism, would not harm the country's economy.

Texas added 650,100 jobs in 2022, more than any state and more than double its historical average, as the economy continued to expand and leave the pandemic hangover behind.

The economic outlook has brightened in Europe's largest economy

Australian homeowners are being warned to brace for at least two more interest rate hikes in early 2023 after fresh inflation figures.

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and get its own financial house in order to avert a default and the possible fallout on the global economy

WA is set to legislate emissions reduction targets in its push towards net zero, but there are warnings it could be business as usual for the state's big polluters for at least the next decade.

Federal Reserve researchers have shown that temporary worker layoffs have, in past recessions, “preceded those in the overall labor market by 6 to 12 months."

With the latest corporate earnings expected to be indicative of a sluggish economy overburdened with rising interest rates and other macroeconomic headwinds, investing in quality gold mining stocks Gold Fields (GFI), Centamin (CELTF), and DRDGOLD (DGR) could keep portfolios sturdy to persistent broad market volatility. Continue reading….