The Latest Breaking News from Economy

Nearly one-third Scots favoured Forbes, putting her ahead of rivals Humza Yousaf and Ash Regan

China Renaissance reports being unable to make contact with its billionaire founder and chairman months after authorities took President Cong Lin into custody

"What matters more are concerns regarding the health service, the economy and the cost of living"

Pakistan faces a wave of problems on multiple fronts, but its growing debt can no longer be overlooked as inflation soars and foreign reserves crumble.

COVID-19 triggered a massive increase in government debt, mainly in low-income countries. But it would be economically wrong to put all the blame on COVID.

Despite nine sets of sanctions imposed by the European Union, the Russian economy only experienced a small contraction of its GDP in 2022. The "resilience" of the Russian economy was hailed on Tuesday by President Vladimir Putin during his state of the nation address. However, certain Western observers and politicians…

“Bear markets have historically resulted in leadership change, which suggests old economy sectors are likely the winners of this cycle,” Bank of America equity strategist Savita Subramanian wrote Wednesday.

The Fed’s path to bringing down inflation is still far from guaranteed.

The revised estimate marked a deceleration from the 3.2 percent growth rate from July through September.