The Latest Breaking News from Economy

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures

Millennials are now filing more bankruptcy cases than Baby Boomers, and it’s not just a headline. This shift matters because it signals deeper changes in how younger adults handle debt, jobs, and money stress. If you’re a Millennial, you might see yourself in these stories. If you’re a Boomer, you…

The Government has failed to stimulate business and investment activity to create growth.

China achieved GDP growth for the last quarter above the official 5% target, although strong exports to markets aside from the US masked weak domestic consumption.

China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows.

China's economy expanded more than five percent in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports would provide crucial support despite trade war pressures.

Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support.

The ASX200 has climbed 0.7 per cent to finish above 8,600 for the first time, and was also within 10 points of its all-time intraday high.

China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace