The Latest Breaking News on Economy

The country’s official forecasters said the economy was already in a recession and may not return to pre-recession levels until 2025.

Statement delayed due to tax plan leak to the BBC

Tough economic conditions meant that 2022 was a rough year for people everywhere in the world. South Africa was no exception. But this year’s crop of problems came on top of a legacy of poor economic performance.

The US Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. The central bank boosted its benchmark rate a half-point to a range of 4.25% to 4.5% and projected it would continue rising to…

Some people would benefit. Others would lose money or be rendered unemployable.

THE cost of living crisis shows up the “fiscal constraints of devolution”, Scotland’s Deputy First Minister has said as he prepares to set out…

National jobless rate remains at near 50-year low as rebounding economy faces labor shortages from lack of migration

Australia's unemployment rate remains steady at 3.4 per cent, despite the shock addition of 64,000 extra jobs over the past month.

Australia's unemployment rate has stayed at 3.4 per cent, with another 64,000 jobs added to the national economy, the latest labour force figures reveal.