The Latest Breaking News on Economy

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Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter

South Australia is back in black by $41 million, but growing operating expenses have resulted in a lower surplus than expected.

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

Joblessness rate rose despite 61,500 new jobs because the number of people seeking work also grew strongly

Bank of England and Niesr have not forecast a recession but October fall in GDP may suggest one is on the way

Budget update will show boost from commodity prices and immigration; rich countries accused of hypocrisy at climate summit

Strong growth in earnings has been driven by increases in cost of living, says Resolution Foundation

German Chancellor Olaf Scholz says he is confident that his troubled government will find a good solution to a budget crisis triggered by a court ruling last month

The solid hiring revealed in Friday’s jobs report for November, along with a raft of other recent economic data, is boosting hopes that the U.S. economy will achieve a “soft landing” next year rather than a widely feared recession

The latest numbers show a strong picture for the U.S. economy. Yet many Americans have a pessimistic view. Here's how an adviser to Joe Biden says they're addressing that.