The Latest Breaking News on Economy

The interest rate hikes by central banks around the globe might slow down the global economy. However, staying invested in resilient and dividend-yielding stocks could help garner significant returns in the long run. To that end, Johnson & Johnson (JNJ), Pfizer (PFE), and Ryerson Holding Corporation (RYI) could be ideal…

Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’

The United Nations Conference on Trade and Development is calling on central banks in major economies to reverse course on raising interest rates, stating that it is leading the world into a global recession and prolonged stagnation.

Report says policies of high interest rates and austerity risk triggering global recession that will hit developing nations hardest

UK inflation fell this week as fuel prices dropped

Thanks to Truss and Kwarteng, the country is now far riskier for the investors who finance our trade and budget deficits

‘I do stand by the package we announced and I stand by the fact we announced it quickly, because we had to act’

The unemployment rate in the rural areas fell to 5.84% in September from 7.68% in August, while in the urban areas it dropped to 7.70% against 9.57% in the previous month.

The UK’s central bank unpacked a whopping £65 billion ($72 billion) on Wednesday in a desperate attempt to steer the economy back to stability.