The Latest Breaking News on Economy

Thinktank says of advanced economies, only Greece would have lower public and private investment

Falling inflation has raised the market’s hopes for rate cuts this year, but that optimism may be built on shaky ground. The U.S. economy is losing momentum, as retail sales and industrial production reported their biggest declines in recent months. As the market will likely remain volatile in the near…

With the Fed’s intention to keep raising interest rates this year and mounting recession concerns, market volatility is expected to remain elevated in the near term. However, it could be an opportune time to invest in fundamentally sound stocks, Ambev (ABEV), trivago (TRVG), and Data Storage (DTST), which are currently…

By RP Gupta

An updated forecast predicts the recession could be cut deeper but will not last as long as previously thought

Government accused of ‘failure and broken promises’, as exports set to slump next year

Analysis showed that 83 per cent of all income tax is paid by just 40 per cent of British adults

The Government wants to revamp the benefits system to boost employment numbers that have not returned to pre-pandemic levels amid labour shortages.

EY said that while the recession might cut deeper than it thought earlier, it will not necessarily last longer than the previous forecast.