The Latest Breaking News from Economy

"Many are discovering that lifestyle improvements, such as bicycling paths and pedestrian- and cyclist-friendly cities, may not produce economic growth."

In an exclusive interview with Benzinga, John Canavan, lead analyst at Oxford Economics, struck a cautiously optimistic tone on the U.S. economy heading into 2026, but warned that the market's growing obsession with aggressive rate cuts and tech stock dominance may be ignoring some inconvenient truths.

While a major economic issue, there’s not much the Fed can do about that, he said.

"There’s more than one way to the American Dream," Ford CEO Jim Farley says.

Las Vegas' once robust economy is struggling, and "Pawn Stars" boss Rick Harrison thinks excessive hotel fees are contributing to Sin City's tourism slump.

A big four bank has pushed back its forecast for the next Reserve Bank rate cut after Australia's headline inflation rate jumped in August.

The UK government hailed the recent US state visit as a landmark for the economy. A record £150 billion of inward investment was announced, including £31 billion targeted at artificial intelligence (AI) development.

U.S. growth is set to fall to 1.5% in 2026.

Plug Power stock jumped nearly 15% after reporting stronger-than-expected Q2 results, with surging electrolyser sales fuelling optimism that the hydrogen fuel cell supplier could cement its role in the clean energy economy.