The Latest Breaking News from Economy

Inflation is ‘insidious’: Bank of America CEO Brian Moynihan talks possible recession

Brian Moynihan took on one of the toughest jobs in the world in 2010: turning around the largest bank in America following a devastating financial crisis.

Tribune News Service · Nov 4, 2022

Is the US already in a recession? Economists and biz leaders disagree

Most Americans think the U.S. is in a recession right now.

Tribune News Service · Nov 4, 2022

Spending to hit 5-year high during Loy Krathong festival

Consumer spending during the Loy Krathong festival is projected to be the highest in five years, helped by the country's reopening to foreign visitors and the government's stimulus measures.

Bangkok Post · Nov 4, 2022

It’s not the economy, stupid – the focus must be on people

Letter: Andrew Climo on the narrative Labour needs to establish to ensure victory over the Conservatives at the next general election

The Guardian - UK · Nov 4, 2022

Midterm spending hits record $17bn as parties blame each other over the economy

‘We’re seeing record-breaking totals spent on elections up and down the ballot,’ campaign finance watchdog exec says

The Independent UK · Nov 4, 2022

The recession can be a chance to do things differently

Although the UK Government is dealing with critical fiscal challenges, there is no reason why it cannot also focus on wider economic policies that could help grow the economy

Birmingham Post · Nov 4, 2022

Carney doubles down on claims Brexit has taken a toll on UK economy

But Downing Street insists sky-high inflation is being driven by global factors such as Covid and the war in Ukraine.

The Independent UK · Nov 4, 2022

Mark Carney doubles down on claim that Brexit has shrunk UK economy

Former Bank of England governor Mark Carney has defended his bleak warnings that Brexit would devalue sterling and add to inflation ahead of a recession.

Evening Standard · Nov 4, 2022

Dow Surges 150 Points; US Economy Adds 261,000 Jobs

U.S. stocks traded higher this morning, following the release of jobs data for the month of October.

Benzinga · Nov 4, 2022

On the ballot in the US midterms: Economy

Rampant inflation and high interest rates have made the economy a pressing poll issue.

Al Jazeera · Nov 4, 2022