The Latest Breaking News on Economy

"The labor market is still too tight for the Fed’s liking," said Jeffrey Roach, chief economist for LPL Financial.

‘Bold is what we need’ from budget to lift people out of poverty and address cost of living, Grattan Institute’s Danielle Wood says

'Sales are steadily growing, cashflow is improving and price pressures continue their gradual drop-off'

The Institute for Government said the Treasury’s unwillingness to share analysis undermined Government decision-making in response to the pandemic.

The likelihood of a recession later this year is high due to the expected interest rate hikes and the tighter credit standards. A recession will put immense pressure on the profitability of equipment manufacturers. Therefore, it could be wise to avoid fundamentally weak equipment stocks FuelCell Energy (FCEL), Solid Power…

The finance minister says the government is looking seriously at a recommendation to expand the single-parenting payment to more mothers, acknowledging it is "hard" to live on the current JobSeeker rate.

Hong Kong (AFP) - Asian and European markets fell Friday on lingering recession worries as data indicated the US economy was slowing down, while Federal Reserve officials pressed their case for further rate hikes to battle stubborn inflation.

Australian women have endured stalled progress for too long. The Women’s Economic Equality Taskforce is challenging the Albanese government to make good on its promises.

The entire northern Front Range, especially metro Denver, was a hot spot coming out of the Great Recession, drawing in young workers from all over the country. But that important driver of economic growth last decade looks like it has stalled and in some areas reversed.