The Latest Breaking News on Economy

Commentary: Don’t renew the child tax credit. Reform it

As Christmas approaches, not everyone is celebrating. American families — hit hard by inflation, wage stagnation and layoffs — must confront another challenge: an expired child tax credit.

Chicago Tribune · Dec 13, 2022

Unemployment rises sharply in North East as economy struggles

The unemployment rate in the region had been at record lows in the previous two months

Chronicle Live · Dec 13, 2022

Unemployment rate rises as UK faces deepening economic gloom

New figures also signal more people are choosing to return to work

The Independent UK · Dec 13, 2022

UK economy grew in October but Jeremy Hunt warns of ‘tough road ahead’

Gross domestic product grew by 0.5% in October in a bounce back from a 0.6% contraction the previous month

The Independent UK · Dec 12, 2022

The Fed needs to stop raising interest rates

Interest rate hikes mean that workers and consumers take the hit. Here are other tools to address inflation

The Guardian - US · Dec 12, 2022

UK economy shrinks 0.3% in three months through October

Britain’s economy shrank in the three months through October, confirming the toll rampant inflation and rising interest rates are having on business and industry

The Independent UK · Dec 12, 2022

Tough road ahead on the economy, Chancellor Jeremy Hunt warns

Economists described October’s 0.5 per cent growth as a ‘false dawn’

Evening Standard · Dec 12, 2022

Colleges and sixth forms to bear brunt of funding squeeze, “stark” IFS report warns

Early years education, colleges, sixth forms and universities will all face a difficult few years ahead, experts have warned.

The Independent UK · Dec 12, 2022

UK economic growth in October a 'false dawn', say experts

THE UK is heading into an expected recession as the economy shrank between August and October.

The National (Scotland) · Dec 12, 2022

Swinney talks of ‘difficult decisions’ ahead of Scottish budget

Social Justice Secretary suggests that those with the broadest shoulders should take more of the tax burden

Insider UK · Dec 12, 2022