The Latest Breaking News from Economy

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. March E-mini S&P futures (ESH25 ) are up +0.51%, and March E-mini Nasdaq futures...

Investors cheered after Fed Chair Powell repeated his confidence in the strength of the U.S. economy.

U.S. stocks opened lower Friday as investors digested key labor market data. The Dow opened 0.3% lower, dropping around 75 points.

Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve

Bessent said employment should come from private companies, not the federal government.

The dollar index (DXY00 ) today is down by -0.31% at a 4-month low. The dollar has fallen every day this week and remains under pressure due to the negative impact of US tariffs on the US economy. Losses in the dollar accelerated today on the dovish US Feb payroll...

The UK could be poised to cut billions of pounds from its welfare spend as the Treasury takes the view that there is less room for manoeuvre in the finances than hoped. Only last October, Chancellor Rachel Reeves believed she had almost £10 billion of so-called “fiscal headroom”, essentially a…

Since the 1980s Britain’s military spending has grown in real terms, yet more than half of military jobs have been lost. The sector is hi-tech and low labour, says Khem Rogaly, a senior research fellow at the thinktank Common Wealth

Economists forecast that the figure would be 160,000 ahead of the eagerly awaited report