The Latest Breaking News from Economy

An inflation crisis is when the general price level of goods and services in an economy rises rapidly and uncontrollably. When inflation becomes a crisis, it often results in negative consequences for individuals, businesses, and the overall economy—2024 promises to be a tumultuous year. We will review some ETFs that…

Russia's economy waltzes to its own beat, shrinking by just 1.2% in 2022, defying gloomy forecasts. The stats service takes center stage with new numbers.

The 10 richest British AI entrepreneurs now have a combined net worth of more than £2.3 billion ($3 billion), according to new analysis by the Evening Standard, in a sign that the UK’s growing artificial intelligence industry is set to generate huge wealth for the economy.

Union Finance Minister Nirmala Sitharaman reassures that AI will create new domain expertise & jobs, not replace them. She encourages students to use AI to exploit its capacity & benefit the economy.

Stocks are drifting on the final trading day of a year of surprisingly robust gains for Wall Street

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

Kenya's inflation rate sees a slight decline in December, easing to 6.6% YoY. Discover how this impacts the economy and consumer prices.

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

Record high youth unemployment and struggling property sector are among increasingly sensitive topics

South Korea's consumer inflation in December came in at +3.2% YoY, disappointing expectations. Find out why this might have economic implications.

Oops, Brazil's formal job creation didn't quite live up to the hype in November. Find out why the economy fell short of expectations.