The Latest Breaking News from Economy

Research shows Labor’s messages most effective of election campaign so far, but Coalition’s economy claims also test well

The extraordinary story of the cow town of Kalundborg’ tells us how hard it is, how long it takes, and how fully people have to co-operate to create a rewarding circular economy.

US economy contracted by -0.4% in first quarter, its weakest quarter since the early days of the pandemic

The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to solid consumer demand.

The U.S. economy unexpectedly shrank last quarter, the first contraction since 2020, as a ballooning trade deficit and softer inventory growth belied an otherwise solid consumer and business demand picture.

But the details are not as alarming as the headline would suggest.

The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, yet consumers and businesses kept spending in a sign of underlying resilience

Beijing may fine-tune its Covid policy gradually if met by staunch public resistance or severe economic losses, but when and how this change could occur remains the biggest macro uncertainty

Europe’s banking regulator fears that highly indebted borrowers could start struggling to pay off their debt as the economy slow down, higher costs, and interest rates increase.  Leveraged financing has skyrocketed in Europe and elsewhere over the past years as central banks unleashed cheap money to propel economic growth.