The Latest Breaking News from Economy

Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs

The United Kingdom’s has a fundamentally health economy and has better trading relations with the U.S. than many other countries.

Economists at the IMF said global trade tensions are expected to wipe 0.3 percentage points off growth for 2026.

Republicans argue that growth is the best way to rebalance America’s books, but economists fear that tax cuts may be the final nail in the coffin for national debt.

Equities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.

Outsourcing critical operations to offshore teams is common for businesses in today's global economy. Countless companies rely on a patchwork of international labor for customer support, bookkeeping, IT services, and more. This trend, primarily driven by cost savings, has unfortunately created a detachment between businesses and the communities they serve.

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues.

Exclusive: Call from former Treasury minister Jim O’Neill will pile pressure on chancellor and PM amid demands for hat-trick of U-turns on winter fuel allowance, two-child benefit cap and disability payments

A combination of pro-growth trade policies, tax cuts, and deregulation will soon lead to a pickup in activity, according to the Trump administration, following a 0.3% annualized contraction in the first quarter.