The Latest Breaking News on Economy

Fed hikes key interest rate by quarter-point, signals more ahead

The Fed did note for the first time that price pressures are cooling. It said “inflation has eased somewhat but remains elevated.”

Chicago Sun-Times · Feb 1, 2023

The Guardian view on economics in the media: poorly communicated, poorly understood

Editorial: Economics affects us all, yet is too often treated as an abstract field fenced in by impenetrable rules

The Guardian - UK · Feb 1, 2023

Majority of schools in England closed to some pupils amid teachers’ strike

Secondary schools were more likely to have closed their doors to some cohorts of pupils than primary schools, according to figures by the DfE.

The Independent UK · Feb 1, 2023

New compensation data shows inflation pressure fading

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

Axios · Jan 31, 2023

Fuel retailer warns of cost-of-living 'trade-offs'

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

AAP · Jan 31, 2023

Tax cuts, factory perks: What to watch for in Union Budget 2023

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.

The Times of India · Jan 31, 2023

The Standard View: Britain’s economy is falling behind, with little end in sight

After national security, a strong economy is the top priority for any democratically-elected government. Sustainable growth and low inflation don’t just look good in Budget red books, they materially improve the lives of citizens. But in absolute and relative terms, Britain is falling behind.

Evening Standard · Jan 31, 2023

Economy to grow by 7% in FY23; current account deficit may widen: Highlights of Economic Survey 2023

Chief economic advisor (CEA) V Anantha Nageswaran on Tuesday unveiled the Economic Survey 2022-23 and said that the Indian economy is poised to do better on the back of reforms undertaken by the government.

The Times of India · Jan 31, 2023

Nirmala Sitharaman tables Economic Survey 2022-23 in Lok Sabha: Highlights

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament ahead of the Union Budget to be presented on Wednesday.

The Times of India · Jan 31, 2023

Official UK jobless figures may be missing 3m people, study finds

Report on ‘hidden unemployment’ shows stark north-south divide in adults out of work due to ill health or lack of good opportunities

The Guardian - UK · Jan 31, 2023