The Latest Breaking News from Economy

Federation of Saudi Chambers hosted a delegation of 18 French companies specialized in security and defense-related fields to discuss cooperation, partnership, and investment with the Saudi business sector. The Head of the Saudi-French Business Council, Mohammed bin Laden, praised the partnership approach between the council and Business France, the national…

Ukraine has won victories on the battlefield against Russia but faces a looming challenge on the economic front

The possibility of a $2 billion a day cost to the American economy is on the line as President Joe Biden pushes for a deal 

After the Fed Chair's assurance about the eventual rate hike slowdown, the Dow gained substantially and entered a new bull market. Moreover, the U.S. economy seems resilient enough to withstand any potential growth reduction. Therefore, investors could consider buying fundamentally sound Dow stocks Johnson & Johnson (JNJ) and Cisco Systems…

For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control

Some of Texas' top economic leaders paint a rosy picture for the state heading into 2023, saying it’s on more solid ground than many other areas around the country. But they also warn the state isn’t immune to a recession.

Persistent wage growth and a low unemployment rate may be great for Americans, but they're making the Fed's inflation fight that much more challenging.

The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes

US labour market has defied sceptics, adding hundreds of thousands of jobs, month after month despite rising rates.

President touted the “historic” 24 per cent wage increase the deal will provide workers over the next five years

Investing is full of “isms.” Capitalism, optimism and pessimism are the three most common.