The Latest Breaking News from Economy

Moody’s Says Saudi Economic Growth at 10.2%, Driven by Non-Oil Sector Development

Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022.

Asharq Al-Awsat · Dec 15, 2022

WA budget surplus rises slightly in mid-year review as Mark McGowan eyes potential storms

Premier Mark McGowan paints a bleak picture of what's ahead for Western Australia's economy as he announces a $1.8 billion surplus for the next year.

ABC News · Dec 15, 2022

Australia’s unemployment rate remains at 3.4% in November as 64,000 new jobs added

National jobless rate remains at near 50-year low as rebounding economy faces labor shortages from lack of migration

The Guardian - AU · Dec 15, 2022

Powell says Fed still has a ‘ways to go’ after half-point hike

Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher than investors expect next year.

Tribune News Service · Dec 14, 2022

Bank of England poised to raise borrowing costs to combat inflation

Financial markets expect 0.5 percentage point increase as fears mount that UK is about to enter long recession

The Guardian - UK · Dec 14, 2022

EPA Report: Tesla Had Lowest Emissions, Highest Fuel Economy In 2021

Tesla's numbers far exceed any other brand since it only produces zero-emissions vehicles. As brands add EVs to their lineups, they'll just begin to catch up.

InsideEVs · Dec 14, 2022

2 Fast Food Stocks to Buy Ahead of a Potential Recession

Despite inflation cooling down, the Fed’s aggressive monetary policy could push the economy into a recession. Given this backdrop, we believe quality fast food stocks Domino’s Pizza Group (DPUKY) and Nathan’s Famous (NATH) could be wise additions to your portfolio to garner good returns. Fast food stocks tend to be…

StockNews.com · Dec 14, 2022

North of England rail chaos stems from ‘toxic combination’ of issues, MPs hear

Late, inadequate and overbooked trains are costing the regional economy half a billion pounds a year

The Guardian - UK · Dec 14, 2022

Scotland ranked among worst countries for unsustainable material consumption

SCOTLAND has been ranked among the worst nations for unsustainable material consumption, according to a new report.

The National (Scotland) · Dec 14, 2022

African nations tap into oil wealth

The continent's vast oil reserves could spell trouble for the climate — and for Africans

Salon · Dec 14, 2022