The Latest Breaking News on Economy

A university academic has said "momentum is building" for a universal income.

ECB raises rates by half a point in its first hike in 11 years, UK government finances worsen amid record debt interest costs and Russia resumes limited gas supplies to Europe

Speaking on RTE's Morning Ireland on Wednesday, he said for there to be any consideration of intervention, there would need to be further dramatic escalations in fuel prices

Private operators will be paid to make their services more accessible and affordable

The NSW Premier says families could save thousands of dollars per child under a plan to expand existing child care centre and build new ones.

Anthony Albanese uses his National Press Club address to announce a Labor government would strip hundreds of millions of dollars from two government grant programs and put the money to better use, in an effort to improve the budget bottom line.

Goldman Sachs has elevated their recession and bear market indicator to 35% odds of happening within the next 2 years. That may not sound that alarming at first, but do realize that most bear markets come around when less than 50% of experts predict it’s on the way. So this…

In last week's commentary we spoke about the big bounce of the S&P 500 (SPY) that got us back in the mix of all the key trend lines (50/100/200 day moving averages). And likely we would be stuck in a trading range around those levels for a while as investors…

How did GDP fall despite a historic increase in government spending due to the 2020 stimulus? Part of it has to do with the highest saving rate since 1945.