The Latest Breaking News from Economy

Scotland’s First Minister said the UK was in an “incredibly difficult” position after meeting Rishi Sunak at the British-Irish Council summit.

Former chancellor Kwasi Kwarteng has claimed he pleaded with Liz Truss to "slow down" her tax cutting rampage - even though he went on TV two days after the mini-Budget to boast it was just the start

The incoming Lula administration bears the largest responsibility for preserving the Amazon. Doing so would uplift Brazil's economy–and help the planet.

Today’s figures confirm what the forecasters and the Bank of England have already predicted: the British economy is shrinking. GDP contracted by 0.2 per cent between July and September, as spiralling prices and energy bills impacted households and businesses.

Chancellor warns of ‘tough road ahead’ as economy contracts by 0.2 per cent

Billionaire investor Carl Icahn reiterated warnings that a recession is coming and that he is keeping his portfolio at Icahn Enterprises hedged

Authorities in Beijing ease — but don't end — COVID-19 control policies that have kept case counts low but hurt the Chinese economy.

Labour and the SNP accused the Conservatives of leading the country through a decade of weak growth and inequality.

There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da Silva will govern with fiscal discipline as the country's central bank chief likened a market selloff to a "Liz Truss moment for Brazil."

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come

The outcome of the midterm elections has left lingering uncertainty in Washington, including the question of what fiscal policy might look like in the new Congress. But even if Republicans regain control of the House of Representatives and/or the Senate, the landscape as we close out 2022 is completely different…