The Latest Breaking News from Economy

President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period. Larry Summers, a former Treasury secretary, thinks otherwise.

Asian equities mostly fell Wednesday as investors fret over Donald Trump's ever-changing trade policies amid increasing concern that his tariffs could send the US economy into recession.

The National Audit Office said the Department for Business and Trade must boost support for sectors if the Government is to achieve its main mission.

Analysis: America’s global relationships, like the economy, are stressed by such rapid back-and-forth policy shifts, writes John Bowden

The dollar index (DXY00 ) Tuesday fell by -0.57% and posted a 4-3/4 month low. The dollar has been under pressure since last week when the US announced tariffs on Canada, China, and Mexico, fueling concerns that a trade war will erupt and derail the economy. The dollar was undercut...

The Dow Jones showed a 726-point drop at one point during Leavitt’s press briefing on Tuesday, which followed the massive plunge on Monday

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession

Amid rising economic pressures due to the Trump trade wars, ASTS stock is printing a bearish technical pattern—hardly an unexpected outcome.

‘So perhaps stocks need to take a nosedive so the working man can get a little relief from all of this inflation,’ Rob Schmitt exclaimed

The stadium and wider regeneration project have the potential to add an extra £7.3 billion each year to the UK economy, it is claimed.

Just under half of the CEOs surveyed expected a recession or slowdown in the next six months.