The Latest Breaking News from EY

Falling interest rates and Australia's competitive advantages are reasons for optimism, says the treasurer as he sets his sights on improving productivity.

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

Foreign direct investment (FDI) in Europe dropped to its lowest level in nine years in 2024, with France, Germany and the UK experiencing double-digit declines.

France, U.K., and Germany had the most foreign projects—but there was a double-digit decline in the number of projects in each country, EY found.

Also: Inflation still top of Fed Chair Jerome Powell’s mind, Meta’s fraud problem.

The UK secured fewer investment projects than France for the fifth year in a row, according to EY’s annual UK attractiveness survey.

Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigation

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

Industry says levies would hit supply chains, making medicines potentially unaffordable for some US patients

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

EY said it was now expecting UK GDP to grow by 0.8% this year, down from the 1% growth projected in February.