The Latest Breaking News on Economy

Institute for Fiscal Studies boss Paul Johnson tore into the Conservative frontrunner's tax plans - as ex-Chancellor Lord Darling warned of the 'lethal cocktail' facing the British economy from inflation and a looming recession

Top officials from the world’s biggest central banks coalesced around a simple message in Jackson Hole this weekend: They are ready to follow through with higher interest rates, even if it does some damage.

The national welfare advocate, as well as business and union representatives, are urging the federal government to ensure long-term unemployment is eradicated.

WASHINGTON — Sen. Elizabeth Warren took aim at the Federal Reserve’s inflation-fighting game plan on Sunday, saying she was worried the central bank will tip the U.S. economy into a recession.

The outgoing PM predicted that the UK will emerge ‘stronger and more prosperous the other side’ of the cost-of-living crisis.

Next week’s jobs summit seems like an opportune time to raise questions around the lucrative employment industry

This price hike threatens to create a whole new class of poor, and it is clear our wretched politics will do nothing to protect them, says Guardian columnist Aditya Chakrabortty

When Federal Reserve Chair Jerome Powell delivers what will be his most closely scrutinized speech of the year Friday, investors and economists will be turning over his remarks for any clues about how fast the Fed may continue to raise its short-term interest rate — and for how long

President Joe Biden’s plan to forgive a portion of student loans held by tens of millions of people will ripple through the economy as personal spending and savings shift, but no factor will be more closely watched than inflation.

Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy

The U.S. economy shrank at a 0.6% annual rate from April through June, the government said in a slight upgrade from its initial estimate