The Latest Breaking News from Economy

Ever since the challenges of the COVID-19 pandemic, a key headwind that has stymied multiple administrations is inflation. Sure, the economy has been able to bounce back from the worst of the crisis, but the response wasn't free of consequence. Like a calculated gambit in chess, policymakers essentially sacrificed materiel…

It's the economy, stupid.

Despite record employment and a booming economy, millions of Americans can’t access the simplest forms of credit.

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

I don’t pretend the choices will be easy, but my budget has one focus: to invest in building a better future for everyone, says UK chancellor Rachel Reeves

Exclusive: Fiscal watchdog predicts productivity downgrade will leave chancellor with £20bn gap to fill in budget

THE INDEPENDENT VIEW: Editorial: With a £20bn Budget black hole to plug, the chancellor has no option but to break Labour’s manifesto pledge – tinkering in the margins will hurt growth, while slashing public spending will lead to electoral ruin

The ongoing government shutdown means more than $600 million per month won’t go to millions of Texas SNAP beneficiaries who pump that money into the state economy.

Editorial: Fixing prisons, hospitals and local councils means rejecting austerity’s logic and recognising that state spending builds competence, not waste