The Latest Breaking News on Economy

Some price action for the S&P 500 (SPY) is quite meaningful and tells you a great deal about the future direction of stocks. And some price action is just useless noise. Such is the case for trading during the holidays when so many people are on vacation and trading volume…

Recoveries don’t last forever.

Italy’s lower house has approved Giorgia Meloni’s budget law, following a confidence vote in which the new prime minister secured wide backing for her economic plans.

Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7% this year, driven by austerity measures that could pave the way for a final deal with the International Monetary Fund on a rescue package. The country has been in urgent need of international help for…

The Fed's persistent hawkish stance is making a recession in the next year look inevitable. Given the backdrop, investors could consider investing in quality stocks UnitedHealth (UNH), PepsiCo (PEP), and Darden Restaurants (DRI) to shield their portfolios from recession blues. These stocks possess solid dividend-paying records. Keep reading….

In an interview with Axios, she says CEOs are "reasonably optimistic" about the economy.

Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing population, according to a final draft reviewed by Reuters.

This Queensland community has struggled to attract a childcare teacher for years. Despite a new $6 million facility in the works and a generous salary package on offer, no-one is interested.

The Congressional Budget Office projects that future deficits will explode. But there's a way out.