The Latest Breaking News from Economy

Cook’s attorney said the president has ‘no authority’ and ‘lacks any factual or legal basis’ to fire the Fed governor

Human economies are made possible through natural capital – stocks of land, fresh water, oceans, biodiversity and soils, among others. Farming isn’t possible without soil or water. Manufacturing isn’t possible without raw materials to convert into products. Service industries aren’t possible without reliable food.

The US president has said he is firing Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more control

Divisions over how to tackle Australia's climate targets have continued to deepen within the coalition as its conservative members push for a rethink.

At the central bank conference in Jackson Hole on Friday, Federal Reserve Chair Jerome Powell warned that a new set of policy-driven shocks is reshaping the U.S. outlook, underscoring how “significantly higher tariffs” are remaking global trade while tighter immigration policy has produced an “abrupt slowdown in labor force growth.”

As co-founder of The Home Depot, Bernie Marcus helped build the world's largest home improvement retailer from scratch. But in one of his final interviews before his death last November, Marcus made it clear he didn't think that kind of success could happen again—not in today's economy.

Flight attendant Sarah M. has seen it all. But if there's one thing that still surprises her, it's how often passengers make the same costly travel mistakes.

Miller Value Partners is making aggressive new bets on the core of the U.S. economy, significantly increasing its stakes in housing, energy, and auto parts, according to its second-quarter 13F filing for 2025.

IMMIGRATION is becoming a growing concern among Scots, a poll has suggested.

“Southern states are generally the strongest, but their growth is slowing.”

"Shark Tank" investor Kevin O'Leary says U.S. mortgage rates are unlikely to fall back below 5% anytime soon, arguing that America's strong economy and AI-fueled productivity growth mean the era of ultra-low borrowing costs is over.