Economy News

U.S. inflation increased further in May, breaking above 4.0% ​for the first time in three years as the Middle East conflict boosted energy prices,...

The number of Americans filing claims for unemployment benefits fell more than expected last week, consistent with labor market...

New orders for key U.S.-manufactured capital goods rebounded sharply in May as demand increased broadly, suggesting business spending on equipment...

The global personal luxury goods market is showing signs ‌of a recovery in the second quarter, despite the war in the Middle East, as demand...

British retail sales slid further this month, with sales far below the norm expected for this ​time of year, according to a survey on...

The Bank of England's shift in communications to focus on multiple scenarios and individual Monetary Policy Committee members' opinions...

A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost ​a year on Thursday, as traders bet on a...

China's central bank said it will debut overnight lending next week, offering reverse-repos to banks and brokers as it ​deepens control over...

A rise in shipments to the U.S. drove up UK's vehicle production in May, with output rising ​2.7% from a year earlier, snapping four months of...

Mexico's annual inflation rate hit 3.55% in the first half of June, official data showed on Wednesday, landing below expectations ​and defusing...

Sales of new U.S. single-family homes unexpectedly fell in May, likely ​as higher mortgage rates and prices ‌continued to sideline potential...

Daniel Gillieron, 82, settled into his seat in Geneva's Nord-Sud cinema, ​looking forward to the prospect of a free film ‌and an extended...

Spain's Santander has begun ​talks with unions over a plan to offer early voluntary retirement ‌to up to 3,000 employees in Spain,...

European Union nations outside the euro have made little to no progress in convergence in recent years and even Hungary, the nation most actively...

Labour unrest has flared up across Australia's resources sector, with ‌its lucrative iron ore mines and ports facing heightened strike...

Swedish startup Stegra, which is building Europe's first hydrogen-fuelled ​steel plant, said on Wednesday its €1.4 billion ($1.6 billion)...

Australia's central bank has work to do to tame "too high" inflation, a top official said on Wednesday, although he added that lower...

British employers expect to scale back pay increases markedly next year, according to a survey on Wednesday ​from human resources data firm...

A majority of U.S. consumers now say they would prefer to buy a home rather than rent ​or move in with family, the first time since 2023 that...

Mexico's economy posted its ‌largest monthly expansion in more than five years in April, ahead of ​expectations, according to official...

Euro ​zone inflation could stay above the European Central Bank's 2% target for some time, even ‌if peace in the Middle East holds, but...

Germany's private sector activity contracted at its fastest pace in 18 months in June as ​the services downturn deepened, a survey showed on...

Britain's vote to leave the European Union in 2016 has acted as a persistent drag on its economy, compounding some of the deep-seated...

Britain's services sector, the engine of the economy, contracted this month at the fastest rate in nearly three-and-a-half years, according to...

Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that...

France's private sector contraction eased in June as declines in manufacturing and services output both slowed, a business survey showed on...

India's private sector expanded at its slowest pace in three months in June as weaker demand growth weighed ​on both factory and services...

Canada's annual inflation rate in May accelerated more than expected to 3.2%, a 29-month high, data ‌showed on Monday, as the impact of...

Diplomacy between the U.S. and Iran has translated into relief at the pump for Americans, data showed on Monday, with gasoline ​prices...

Argentina's government authorized up to $5 billion financing ​from international entities backed ‌by multilateral credit...

The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent...

Japanese ​financial authorities kept markets guessing about possible currency intervention on Monday, with the lack of clear signals suggesting a...

Russia's seaborne exports of fuel oil and vacuum gasoil (VGO) fell by about 6% month-on-month to 3.2 million metric tons ​in May, as Ukrainian...

Thailand plans to lift its economic growth potential ​to 3.0% from 2.7% by 2030, ‌Finance Minister Ekniti Nitithanprapas said on...

Canada's retail sales grew by 0.5% in April from March to ​C$73.03 billion ($51.6 billion), slightly missing expectations, led primarily...

British government borrowing jumped much more sharply than expected in May as higher ‌inflation pushed up the cost of servicing index-linked...

Europe's banking sector ​could boost lending by more than €2 trillion ($2.2 trillion) if regulators ‌were to simplify...

The Bank of England on Friday set out the scenario for this year’s stress test ​of private markets, modelling a severe global shock...

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing inflation-linked...

Say it quietly, but Gulf airlines are back in business. The Middle East is home to some of the world's biggest carriers, whose networks...

Japan's annual core ‌inflation stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as...

German exports to Britain fell by around ​7% since 2016, according to ‌figures from the German Economic Institute (IW), underscoring the...