The Latest Breaking News from Economy

The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May.

Across much of Europe, the engines of economic growth are sputtering. In its latest global outlook, the International Monetary Fund (IMF) sharply downgraded its forecasts for the UK and Europe, warning that the continent faces persistent economic bumps in the road.

Tesla is swimming in contradiction. On the one hand, it’s a $1 trillion behemoth, rivaling the economy of an entire small nation. On the other hand, investors are jittery: shares are down about 17 % year-to-date, and profits and deliveries have just hit multi-quarter lows.

President has savaged Federal Reserve chair Jerome Powell for not lowering interest rates, but he can’t easily fire him

Bridget Phillipson says there will be better outcomes for all children than at present but fails to guarantee EHCPs will continue in their current form

Summers notes that cuts to SNAP and Medicaid could kill thousands while saying GOP tax cuts will mostly benefit wealthy Americans

Some 70% of people are planning to go on holiday, though 75% of those are finding ways to cut travel costs compared to their last trip, a poll found.

“A new economic order is forming—which means that it is not yet fixed and can still be shaped.”

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.

When the economy takes a downturn, the effects ripple through every aisle of the grocery store. Suddenly, shelves that were once fully stocked start to look a little bare. Shoppers notice their favorite items missing, prices creeping up, and a sense of urgency in the air. Understanding which grocery foods…

The past week has been a rollercoaster ride for the U.S. economy. From a rare warning sign in the labor market to a surprising jobs report, the week was filled with unexpected turns. The gold market saw a potential rise, while the Federal Reserve faced criticism from President Donald Trump.…