The Latest Breaking News from Economy

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth

Learn about Jamieson Greer's nomination for U.S. trade representative and the impact of new tariffs on Mexico, Canada, and China on the economy and consumers.

The latest S&P Global construction purchasing managers’ index showed a reading of 48.1 in January, down sharply from 53.3 in December.

THE Labour Government’s flagship economic pledge has been dealt a blow after the Bank of England halved its growth forecast for 2025 ...

Explore the impact of potential tariffs on Ciudad Juárez's manufacturing sector and cross-border trade dynamics.

As an environmentally conscious consumer, buying a new phone can be challenging. Today, most chips come from East Asia, assembly happens in China, and tracing the environmental and social impact of production is all but impossible. On top of that, rare-earth elements from China are increasingly used as geopolitical leverage.

Helping businesses leverage clean energy and AI will transform Australia to its "fourth economy" and improve productivity growth, Treasurer Jim Chalmers says.

For decades, Nissan and Honda have competed with one another in just about every way possible, except for pickup trucks and motorcycles. That's why the world was shocked last year when the rivals announced a $60 billion plan to merge into one company in what was seen as the biggest…

During its 16th annual summit in Kazan, Russia, Brics – a group of emerging economies determined to act as a counterweight to the west and to whittle down the influence of global institutions – invited Nigeria and eight other countries to join it as “partner” countries. Nigeria formally accepted the…