The Latest Breaking News from Economy

The RBA governor is reminding everyone that her mandate covers not just inflation, but also full employment

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says.

Older Australians are spending above the inflation rate, counteracting efforts to cool the economy and further disadvantaging younger generations

Mexican president-elect Claudia Sheinbaum's team reassured investors Tuesday that she would ensure the stability of Latin America's second-biggest economy, after her landslide election win rattled financial markets.

Indian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single…

“If these similarities do hold, there could be a lot of scope for optimism,” Deutsche Bank’s Henry Allen wrote.

The cost of starter homes has risen twice as fast as incomes, a Redfin economist said.

Just back from a visit to Ukraine, a U.S. Treasury official is describing a country whose wartime economy has proven resilient in the face of Russia’s invasion, and he says U.S. and allied budget assistance is designed to help Ukraine combat corruption and increase transparency