The Latest Breaking News on Economy

What we need to reduce is the ‘throughput’ of the residual industrial economy

Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, upgrading the prior estimate of 0.6-percent expansion and beating market expectations for no change.

The U.S. economy relies on a healthy consumer for the bulk of its growth, but spending is starting to slow into the summer months.

Hopes of return to surplus dashed as Labor blames ‘unfair’ GST carve-up

The economy flatlined due to wet weather hitting retail sales over the Easter period, following growth of 0.4% in March

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

Latest UK labour market report shows signs of cooling, as jobless rate hits highest since 2021

Data shows that when Americans’ preferred party is in the White House, they’re more likely to boast of a booming economy – even if it’s untrue

Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing