The Latest Breaking News on Economy

IMF predicts UK economy will contract by 0.6% in 2023 as Britain looks set to suffer more than most from soaring inflation

The forecast leaves the UK economy languishing behind sanctions-hit Russia

As our nation bumps up hard against a national debt north of $31 trillion, let’s start with the obvious: Our expenditures are greater than our revenue. And while this isn’t the crisis that Republicans imagine when a Democrat is in the White House, common sense suggests that bringing expenditures and…

Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.

“It would be devastating. It's a catastrophe," Yellen told Axios.

The North East's child poverty rates are the highest in England and are the worst they have been for more than two decades, a harrowing report confirmed this week

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

Data shows that the amount of students from the EU joining an undergraduate or postgraduate course plummeted from 66,680 in 2020 to 31,000 in 2021

After he was elected speaker on the 15th ballot, Kevin McCarthy promised that the U.S. House under Republican leadership would protect the national economy, saying that the party was committed to “stop wasteful Washington spending, to lower the price of groceries, gas, cars, housing, and stop the rising national debt.”