The Latest Breaking News from Economy

Exclusive: Budget watchdog is set to downgrade a key economic performance indicator for the UK in a move that could drive tax hikes – as chancellor tries to shift blame on to Tories

With a matter of days remaining in the fiscal year and no full-year funding or stopgap deal in place, the U.S. government could shut down at 12:01 a.m. ET on Oct. 1, stalling vital services, furloughing hundreds of thousands of federal workers and weighing on the economy if lawmakers fail…

Nigel Farage’s proposal to abolish indefinite leave to remain is a shifting of the goalposts for those who have already come to the UK legally and settled.

The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, government data showed Friday, with analysts warning of further cost pressures after President Donald Trump unveiled a slew of upcoming duties.

Before 2013, divers on North America’s west coast rarely saw purple sea urchins. The spiky animals, which are voracious kelp eaters,- were a favorite food of the coast’s iconic sunflower sea stars. The giant sea stars, recognizable for their many arms, kept the urchin population in check, with the help…

As an eventful year in 2025 marches toward the final stretch, the broader economy has been hit with several headwinds, ranging from the geopolitical impacts of tariffs to a weakened labor market. Subsequently, many experts fear that the U.S. may soon face stagflation. But despite the myriad warning signs, one…

Their rising discontent could mean trouble for the GOP heading into the 2026 midterms.

Britain faces record disability claims for anxiety and depression, with nearly 650,000 on PIP and rising costs fueling concerns over the economy.

Treasury Secretary Scott Bessent on Thursday praised President Donald Trump as "solution-driven" and said the president was right to call out the United Nations' shortcomings on immigration, energy and the economy.