The Latest Breaking News from Economy

“Unless this labor market strength turns out to be a one-month blip…the Fed is likely to dig in and keep rates higher for longer,” BMO Wealth Management’s chief investment strategist, Yung-Yu Ma, said.

The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink

After being disregarded for so long, managing inflation will be hugely important to the future of the UK’s economy and society

After kicking up a fuss that her husband had booked her economy airplane seats while he and his pal are flying luxury in first-class, a woman was slammed for being 'entitled'

January’s gains were broad-based across industries. A category that includes restaurants and bars added 99,000 jobs. Professional and business services jobs, including bookkeepers and consultants, rose by 82,000.

After lying dormant for half a century, the Cumbre Vieja volcano on La Palma, in Spain's Canary Islands, suddenly exploded in a river of fire on September 19, 2021. The eruption lasted for 85 days. No one was killed, but more than 1,000 homes were destroyed, as well as 70…

Improving investors’ sentiments amid the cooling inflation and moderating interest rate increases helped the stock market to surge in recent weeks. Moreover, the IMF raised its world economy growth forecast. Given the rising optimism, AbbVie (ABBV), Vertex Pharmaceuticals (VRTX), Murphy (MUSA), MasterCraft Boat (MCFT), and PrimeEnergy Resources (PNRG) might be…

Despite the cooling inflation, the Fed is not expected to cut rates in 2023 as it is committed to achieving its 2% inflation target. Continued rate hikes, albeit at a lower rate, could potentially push the economy into a recession this year. Amid lingering recession fears, it could be wise…

In a recent interview for MIT Technology Review, JB offers some new insights into the massive challenge of building a circular economy, and why we can’t wait.

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

The numbers are more than double the 190,000 forecasters anticipated.