The Latest Breaking News from Economy

The Office for National Statistics said gross domestic product contracted by 0.1% in May, following a 0.3% drop in April.

The City had expected a 0.1% rise in GDP

One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy.

Republican Governor Greg Abbott has repeatedly praised the Trump administration for its response to the tragedy

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

It's an obvious abuse of emergency powers, a claim to unconstitutional delegation of legislative power, and a threat to the economy and the rule of law.

President Donald Trump is sticking to his Aug. 1 deadline to reimpose steep tariffs, but the stock market doesn’t seem too worried. On Reddit’s r/stocks, one confused investor posted, “Trump just announced plans to do Liberation Day 2.0 all over again, but this time the stock market stays… up??? Does…

As companies face pressure to increase productivity, many are calling workers back to the office — even though there is limited evidence that return-to-office policies actually improve innovation or performance.

Tom Beahon has cofounded £1 billion sportswear brand Castore, but the frugal early years of living off £1,000 pounds monthly and living with his parents are “deeply branded” on his soul: "That day-to-day focus on cash, that paranoia.”