The Latest Breaking News from Economy

Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy just as fresh unrest at the world's largest iPhone factory highlighted the social and financial toll of these curbs. Across China, cities including the capital Beijing and…

PC-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next three years as the slumping world economy continues to embroil the US tech sector. HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4 billion in annual savings…

Chinese authorities are introducing new restrictions across the country as infections look set to pass April’s peak.

(Corrects time since Guangzhou protest in 11th paragraph)

The layoffs come amid weaker sales and a faltering economy, with HP Inc.’s CEO describing it as a “volatile macro-environment.”

With their economy in crisis, Tunisians have little to smile about these days – but their football team is one of them.

Despite current market uncertainties, the U.S. economy's long-term growth prospects are pretty viable. Experts believe inflation will fall dramatically in the coming year, and robust growth will follow. Therefore, investors could buy quality stocks Microsoft (MSFT), Vertex Pharmaceuticals (VRTX), Centene (CNC), Agilent Technologies (A), and Myers Industries (MYE), which seem…

There is more to Sir Keir Starmer than meets the eye – it’s just less than one would hope for

The North East Child Poverty Commissions says childcare is the single biggest barrier to employment and increasing working hours

Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here.

Why the global economy may never be the same.