The Latest Breaking News from Economy

Asian stock markets have gained after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned

The Prime Minister is facing questions over his judgment, with his deputy still under investigation over bullying allegations.

Deepening conflict, sudden changes to regulations and a lack of transparency have made business increasingly hard.

The Albanese government is being urged to embark on a range of unpalatable economic and tax reforms to pay for massive spending already baked into its budget.

A projection suggests the metaverse could contribute US$11-21 billion per year to the Thai economy by 2035, according to research conducted by London-based consultancy Deloitte.

Leaving multiple unfilled jobs openings behind them and ignoring the economic storm clouds ahead of them, Coloradans filed to create a record number of new businesses last quarter, according to a report Monday from the Colorado Secretary of State Jena Griswold and the University of Colorado Boulder’s Leeds Business Research…

The Federal Reserve’s policy-setting committee lifted interest rates on Feb. 1, 2023, by a quarter of a percentage point to a range of 4.5% to 4.75%. The increase, the smallest since the Fed began an aggressive campaign of rate hikes in March 2022, came amid signs the fastest pace of…

Australia's economy is tracking toward a soft landing but the International Monetary Fund envisions more cash rate increases in 2023.

Central bank confirms rise of 0.5%, bring base rate to 4%

The Fed did note for the first time that price pressures are cooling. It said “inflation has eased somewhat but remains elevated.”

Consistently falling prices and stronger-than-expected fourth-quarter GDP are renewing hopes about the economy’s overall health. Therefore, it could be wise to add quality stocks with solid fundamentals, Walmart (WMT), Bristol-Myers Squibb (BMY), and CVS Health (CVS), to your portfolio to garner substantial returns in 10 years. Read more….