The Latest Breaking News from Economy

The government has reported that Japan's economy contracted at an annual rate of 0.7% in the first quarter, as U.S. President Donald Trump’s trade war hurt exports and dented consumer confidence

The space economy is being reshaped — not just by innovation, but by geopolitics. What was once dominated by state space agencies, and more recently by private ventures, is evolving into a hybrid model in which government priorities and commercial capabilities are intertwined.

Data from a Fortune and Deloitte survey provides the first empirical proof that decision-makers are reeling under the weight of Trump’s trade war, with overwhelming optimism over his administration’s economic agenda giving way to sheer pessimism in just five months.

U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy

Stablecoins can be extremely volatile despite the name, and the dangers they pose to the U.S. economy don’t stop there.

The Independent looks at how Britain’s economic growth compares to the rest of the G7 in the first quarter of the year

Tax rises and Trump’s tariffs could lead to a very different picture soon

Labour prime minister and chancellor under pressure as US President Donald Trump’s tariffs continue to hit the UK, despite last week’s trade deal

Here, the PA news agency looks at why GDP has increased and what’s next for the UK economy.