The Latest Breaking News from Economy

Chancellor Rachel Reeves avoided imposing new taxes on the banking sector in her Budget

Explore subscription burnout and streaming services 2025 trends. Understand why users cancel more subscriptions and how these shifts impact the evolving subscription economy.

On the surface, the headlines largely speak for themselves. In late October, the total market capitalization of the Magnificent Seven — a group of elite tech juggernauts — jumped past the $22.2 trillion level. Leading the surge was semiconductor giant Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark…

Nobody predicts that holiday spending will drop 50% -- or even anywhere close to that. But what would happen if the economy did experience such a decline?

The OBR has apologised after the unprecedented early release of its economic and fiscal outlook document ahead of the Budget.

The Irish Fiscal Advisory Council (IFAC) issued the warning a week after Mr Harris became Finance Minister.

Treasury Secretary Scott Bessent on Tuesday dismissed fears that the U.S. economy has become dangerously addicted to artificial intelligence (AI) spending, arguing instead that investment is poised to broaden into a wider industrial resurgence.

In an interview with Euronews' flagship morning show Europe Today, European Commissioner for Economy and Productivity Valdis Dombrovskis said that the EU should stop discussing the options to finance Ukraine and proceed with using Russian frozen assets.

Wedbush senior analyst Dan Ives has published his “Top 10” tech stocks he believes are best positioned to lead “the AI revolution,” outlining why each company stands out as artificial intelligence becomes the global economy’s defining growth driver.