The Latest Breaking News from Economy

Following the release of lower-than-expected CPI data for November, the Fed raised the interest rate by 0.5%, as expected. However, the central bank indicated it would keep raising rates next year. Since the rising rates could slow the economy and keep the market volatile, avoiding fundamentally weak stocks Boeing (BA),…

THE Bank of England has raised interest rates to their highest level for 14 years, putting further pressure on mortgage holders.

The president of South Africa is fighting for his political future in a dramatic reversal of fortunes for an anti-apartheid icon once admired for tackling the problems of Africa’s most developed economy

Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022.

Premier Mark McGowan paints a bleak picture of what's ahead for Western Australia's economy as he announces a $1.8 billion surplus for the next year.

National jobless rate remains at near 50-year low as rebounding economy faces labor shortages from lack of migration

Australia's unemployment rate has stayed at 3.4 per cent, with another 64,000 jobs added to the national economy, the latest labour force figures reveal.

The economists at the ESRI (Economic and Social Research Institute) have highlighted trouble coming down the tracks

The Thai economy is projected to recover faster than expected this year, but will face slower growth in 2023 because of global headwinds, according to the World Bank.

The most debated economic topic of the month must be Pheu Thai Party's campaign promise to raise the minimum wage to 600 baht per day by 2027, from the current minimum wage of 354 baht.

Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher than investors expect next year.