The number of Americans filing new claims for unemployment benefits fell to near 57-year lows last week, signalling subdued layoffs and continued stability in the labour market. Initial
UK inflation climbed to 3.5% in September, its highest rate in almost a year, as soaring petrol prices and renewed pressure on underlying costs increased the likelihood of
The US national debt has climbed to $40 trillion, but the bigger question is what decades of borrowing, low interest rates, and rising asset prices have done to
US wholesale inflation accelerated sharply in September, reaching its highest annual level in more than four years and reinforcing concerns that price pressures remain entrenched across the economy.
Expectations that the Federal Reserve will hold interest rates steady at its October meeting surged on Friday, even as persistent inflation and strong economic data continued to complicate
The UK economy grew more than expected in August as stronger production activity offset stagnation in services and another decline in construction, offering a measure of resilience amid
UBS Global Wealth Management expects the Federal Reserve to continue raising interest rates into 2027 after stronger-than-expected annual inflation in September. The bank has revised its monetary policy
Robert E. Hall and Michael Woodford were awarded the 2026 Nobel Prize in Economics on Monday for their work that helps smooth out the economy’s peaks and troughs.
US President Donald Trump invested between $1 million and $5 million in debt issued by Elon Musk’s SpaceX on August 18, just two days before signing a major
Federal Reserve officials broadly supported the central bank’s September interest-rate increase, with minutes showing that most policymakers saw a case for another hike by the end of the