The Latest Breaking News from Economy

Zimbabwe introduces new currency ZiG backed by gold and foreign reserves to stabilize economy amidst currency crisis.

A whopper of a jobs report could complicate the Fed's rate-cut plans.

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. Stock indexes this morning are moderately higher on optimism that strength in the...

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. Stock indexes this morning are moderately higher on optimism in the US economy...

US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.

US Department of Transportation grants Baltimore to enhance cargo shipments post-bridge incident, boosting local economy.

US economy adds 303,000 jobs in March, signaling strength and optimism for future growth.

President Biden's LNG export ban impacts Southeast Texas, risking jobs and economic growth.

Indonesia is reviewing import rules to enhance efficiency and transparency, aiming to boost its economy and trade relations.

London is not only the capital of the nation, but also a global metropolis for culture and the arts. From world-class academia to museums, video games to fashion, the city is teeming with energy and fresh ideas. And so today, Sadiq Khan pledged to “turbo charge” the capital’s creative economy…