The Latest Breaking News from Economy

The Fair Work Commission has stepped in to ensure a port lockout by tugboat operator Svitzer cannot go ahead for six months, as a pay dispute continues.

First Minister addresses annual event by promising to work with businesses to benefit the wider economy

Ireland’s deputy premier Leo Varadkar said the Irish economy was decoupled from the UK’s a long time ago.

Although inflation has shown some signs of cooling, rate hikes are expected to continue. The consecutive rate hikes could tip the U.S. economy into a recession. As consumer staples face a stable demand, Coca-Cola (KO), Constellation Brands (STZ), and Lifeway Foods (LWAY) could be solid buys for the long run…

Applications for U.S. unemployment insurance unexpectedly fell slightly last week and remained near historic lows, showcasing the strength of the labor market as other parts of the economy cool.

Analysis: with half of all British households set to be worse off next year, many Tory MPs fear voters will turn against them

Jeremy Hunt didn’t mention that living standards may fall by 7% over the next two years, leaving many people treading water, says Guardian columnist Gaby Hinsliff

Despite a slight decline in inflation, the Fed is expected to keep interest rates high, which could tip the economy into a recession next year. Consumer staples businesses like beverages are considered defensive as they witness stable demand amid weak economic conditions. Hence, fundamentally sound beverage maker Ambev (ABEV), trading…

The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.

Fed official James Bullard says interest rates have to go even higher to bring down inflation, while others disagree.

In an article for the Mirror, Shadow Chancellor Rachel Reeves said the government expects ordinary people to pay the price – with stealth taxes on working people, and tax breaks for the banks.