The Latest Breaking News from Economy

More than a decade of devastating conflict has left Syria’s economy in tatters, its infrastructure in ruins and its population deeply fragmented. The fledgling transitional government in Damascus, which came to power following a lightning rebel offensive in December 2024, often speaks of a “new Syria”. But the pressing question…

In his note to clients, ING analyst Chris Turner called it “the dollar’s hand-brake turn.”

KEIR Starmer’s pledge to ramp up defence spending in the UK to 5 of GDP by 2035 will make the country more insecure and won’t save the economy,…

Asian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by Donald Trump and a US jobs report that fanned fears about the world's top economy.

The July Jobs report by the Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

With Wall Street now more attuned to economic risks like Trump's trade war, the tariffs that will go into effect on Thursday may get more scrutiny.

Bold economic ideas are flowing ahead of this month’s roundtable convened by the Albanese government, aimed at boosting Australia’s productivity and economy, and repairing the budget. Among the biggest ideas to emerge is: should Australia resurrect its carbon price?

"Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming."

“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall.”