The Latest Breaking News from Economy

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The nine-member Monetary Policy Committee is expected to keep the bank’s…

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

New Zealand's economy shrank by 0.5 per cent in 2024, led by a major 7.3 per cent contractions in the construction sector.

The former chancellor said he believed ‘many claims about the impact of Brexit upon the UK’s economy were exaggerated’.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.92%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.30%. March E-mini S&P futures (ESH25 ) are up +1.11%, and March E-mini Nasdaq futures...

The JP Morgan CEO said many consumers are suffering in the current economy.

The most striking feature of the Australian economy in the 21st century has been the exceptionally long period of fairly steady, though not rapid, economic growth.