The Latest Breaking News from Economy

Piracy off the Somali coast peaked in 2011, when 237 attacks were reported. Somali piracy in the region in 2011 cost the world’s economy €6 billion, with €138 million paid out in ransoms.

Bridgewater Associates founder Ray Dalio is skeptical of the U.S. economy despite a soaring stock market and rising GDP, and his flaws point to future economic challenges if they are not addressed.

Zohran Mamdani, Abigail Spanberger and Mikie Sherrill focused their messages on the economy, but structural problems endure

The average American is growing more pessimistic about the economy, as a key sentiment index fell to its lowest level since June 2022, marking one of the bleakest readings since the survey’s inception in 1952. But there's a twist: wealthy Americans are actually feeling better than ever, buoyed by soaring…

Stress and anxiety over the future of the country are rife, with political divide and loneliness taking a toll on Americans, according to the research

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges.

The Supplemental Nutrition Assistance Program has helped low-income Americans buy groceries for decades with few disruptions.

President jets in to speak at ritzy American Business Forum as millions see their food aid slashed – crisis, what crisis?

US tech layoffs hit a 20-year high, raising fears of a bubble bursting that could impact the UK economy. Experts warn of potential spillovers and market risks.

While economic activity will rise, the move does come with some downsides, according to the AI, including exacerbating some of America's current fiscal woes.

The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade