The Latest Breaking News on Economy

Asian stocks rallied Friday as investors breathed a sigh of relief after US jobs data soothed concerns that the world's top economy could tip into recession, bringing a painful week to a positive end.

The unexpected rise of US unemployment rate to a nearly three-year high has shaken the market and split economists.

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…

Finance Minister Nirmala Sitharaman arrived in Parliament to present the Union Budget for 2024-25. Read further on Dynamite News:

Lib Dem leader had declined meeting with campaigner in May 2010, saying "‘I do not believe it would serve any useful purpose’

In 2023, the US government brought in $4.47 trillion and spent $6.16 trillion.

What we need to reduce is the ‘throughput’ of the residual industrial economy

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.