The Latest Breaking News from Economy

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Evidence pointed to a ‘summer slowdown’ as the UK registered no growth in July.

COMMENT: The chancellor, faced with a flatlining economy, is trapped in an impossible dilemma – come the Budget, she’ll have to break her election promises or break her fiscal rules, warns John Rentoul

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive.

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget deficit increases

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive.

Since the war began, the Israeli crackdown has hit the West Bank industry and economy hard, forcing bars, restaurants and hotels to close.

CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.

Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.