The Latest Breaking News from Economy

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming

Fed chairman hails progress in battle to bring down inflation, with cut rates starting from September

Soaring unemployment and poverty are fuelling unrest as Palestinian firms and workers face ‘economic siege’

Combat operations are straining Israel’s economy, leading to shrinking of the GDP and downgrading of sovereign rating.

The Northern Territory is going to the polls this weekend. The incumbent Labor government is under serious challenge from a rejuvenated Country Liberal Party (CLP) opposition, led by Lia Finocchiaro. This is an election mainly about crime and the state of the economy, and neither issue is good for Labor.

Dynamic economies operate independently of the political party of whoever was elected most recently.

A growing chorus of central bankers and academics believe climate change does impact price stability—and this impact should be built into modeling.

Americans need a politician dedicated to unwinding decades of government interventions that have driven up the cost of middle-class living.

The American economy is robustly competitive. The federal government could just mess it up.