The Latest Breaking News on Economy

US chip titan Intel became the latest bearer of bad news, warning it would slash more than 15 percent of its workforce -- about 18,000 jobs -- as it streamlines operations.

This year, the Union government allocated Rs 3.27 lakh crore or 6.8 percent of total expenditure under the gender budget, which includes schemes for the welfare of women. This represents a 19 percent increase compared to the revised estimate for 2023-24 and is also 5 percent higher than the interim budget for…

Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, upgrading the prior estimate of 0.6-percent expansion and beating market expectations for no change.

Another forecast budget surplus would help in the fight against rising prices, says the government amid pressure over the latest hot inflation readout.

Britons have lost the equivalent 15 weeks of wages based on comparisons with pre-2010 growth trend.

Editorial: Some of the most acute public service problems are local ones. But plans for local government are missing from this election

Kiplinger's report into what it will take the U.S. to maintain a healthy economic growth rate.

Hopes of return to surplus dashed as Labor blames ‘unfair’ GST carve-up

The economy flatlined due to wet weather hitting retail sales over the Easter period, following growth of 0.4% in March