The Latest Breaking News on Economy

The Bank of England is expected to raise interest rates by as much as half a percentage point

Apprenticeships and the foundational economy will be priorities

Consistently falling prices and stronger-than-expected fourth-quarter GDP are renewing hopes about the economy’s overall health. Therefore, it could be wise to add quality stocks with solid fundamentals, Walmart (WMT), Bristol-Myers Squibb (BMY), and CVS Health (CVS), to your portfolio to garner substantial returns in 10 years. Read more….

The Centre has presented the Union Budget keeping in mind the 2024 parliamentary elections, said Samajwadi Party MP Dimple Yadav. Read further on Dynamite News:

Prime Minister Narendra Modi’s government plans to ramp up capital spending by 33% in a $550 billion annual budget designed to spur economic growth and create jobs ahead of a general election next year

As charities report increases in workers needing support amid rising living costs, the Reserve Bank is forecasting household pressures will increase as fixed-term home loans end.

It looks increasingly like last year's surge in worker compensation was a one-time bump.

Ampol says there are trade-offs to be made between living costs, fuel security and the energy transition.

The Union Budget on Wednesday will test the government’s resolve to stay fiscally prudent as expectations of lower taxes, wider social security net and further boost to production gather steam before national elections.