The Latest Breaking News from Economy

U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from a bout of inflation that shows no sign of slowing

The economy looks to be descending and may even be close to stalling speed

Reserve Bank of Australia governor Philip Lowe has justified the decision to raise the cash rate by 50 basis points last week in the face of rising inflation.

Philip Lowe has warned Australians they need to be prepared for substantial interest rate rises over the rest of this year, conceding he is not sure how high they might go.

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

The AAPI population is the fastest-growing demographic in Nevada and a rising political force. Five voters spoke to NPR about what issues are top of mind ahead of the midterm elections.

Puerto Rico's contentious pact with the Financial Oversight and Management Board — the U.S.-appointed attempt to trim the island's oppressive debt — has been touted as a model for U.S. states and cities when bankruptcy threatens. But the deal has left the island with dim economic prospects and "unsustainable" billions…

As Juneteenth celebrations and paraphernalia begin to litter our social timelines, we must remember that slavery has yet to be truly abolished. To this day, in prisons and jails across the country, government agencies and corporations legally exploit forced prison labor thanks to an exception baked into the 13th Amendment…

The Moroccan government on Monday kicked off a new five-year program to train primary and secondary school teachers. Prime Minister Aziz Akhannouch chaired in Rabat the signing ceremony of the framework agreement, worth 4 billion dirhams ($4 million), the government said in a statement. The agreement was signed by the…