The Latest Breaking News from Economy

Latest GDP figures show a 0.2% contraction between July and September

China's Singles Day shopping bonanza entered its final stretch Friday, with all eyes on whether sales can top a record one trillion yuan ($140 billion) despite the country's struggling economy. Conceived by technology giant Alibaba, the informal holiday's title riffs on a tongue-in-cheek celebration of singlehood inspired by the four…

The reading comes just a week after the Bank of England published a caveated forecast that the UK might be headed for an eight-quarter recession – the longest consecutive recession since reliable records began in the 1920s

Recession on way as the big slowdown hits growth

GDP fall of 0.2% for three months to September gives bleak picture in run-up to autumn statement

Cryptocurrency exchange FTX starts bankruptcy proceedings in US and Sam Bankman-Fried is resigning as chief executive officer

BEIJING: China reduced the amount of time travelers and close contacts of infected people must spend in quarantine, a significant calibration of the Covid Zero policy that has isolated the world’s second-largest economy and raised public ire.

WE can’t stick to the same failed policies that brought us here. An independent Scotland must have an economy that works for both the people and…

China's biggest online shopping festival, Singles' Day, is muted this year with sales numbers expected to grow slowly amid an uncertain economy and COVID-19