Economy News

As cash declines in day-to-day transactions, Britain’s National Audit Office has uncovered a mystery: the number of pound notes in...

Health Secretary Matt Hancock declined to rule out a second national lockdown and said the acceleration of coronavirus cases and hospital...

British shoppers continued to increase spending last month, taking sales further above pre-COVID levels, as strong online demand helped much of the...

The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were...

The U.S. government is awash in debt and red ink — and neither President Donald Trump or his Democratic challenger appear bothered by the...

German Finance Minister Olaf Scholz plans to take on net new debt of around 100 billion euros ($117.92 billion) next year to sustain Berlin’s...

Shares of European auto makers pitched lower on Thursday after data revealed a sharp fall in car sales for the region during August.

There are growing concerns in Europe at what is being seen as an alarming rise in coronavirus cases, with the number of new daily infections...

U.S. single-family homebuilder confidence increased to a record high in September as historically low mortgage rates continue to boost the housing...

Ireland’s 2021 budget should focus on supporting the productive capacity of the economy and building economic resilience, but a course to...

Canada’s annual inflation rate remained at 0.1% in August as rising food prices were offset by declining gasoline costs, Statistics Canada...

U.S. consumer spending appeared to slow in August as extended unemployment benefits were cut for millions of Americans, offering more evidence that...

Despite the milestone, Bakkt’s future volumes pale in comparison to those of top crypto exchanges Binance and Huobi. Bakkt, a regulated...

The Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts but a renewed pledge to...

U.S. import prices increased more than expected in August and gains in the prior month were revised sharply higher, supporting the view that...

The Chinese data once again helped to boost buying on the financial markets, noting that the economy is roaring ahead after the coronavirus crisis....

The headline unemployment rate for May to July stood at 4.1%, up from the 3.9% figure seen in the previous three month period, which covered the...

Britain’s unemployment rate rose for the first time since the coronavirus lockdown began in March, official data showed on Tuesday.

A small but growing coterie of Chinese companies are betting on a bright future for plant-based meat products as consumers take their health more...

The latest bout of sabre-rattling between Britain and the EU is upping the premium investors demand for holding UK assets for fear of a chaotic...

Germany has come under increasing pressure to pull the plug on its controversial giant gas pipeline project with Russia, following the suspected...

Global markets are experiencing some relief at the beginning of a new week. Pressure on the US indices has stopped approaching the 50-day average,...

Countries coping with the coronavirus crisis and a slump in commodities prices are dipping into sovereign wealth funds for more than $100 billion,...

Europe’s largest economy is set to continue recovering from the coronavirus crisis in the remainder of 2020 and will likely grow strongly in...

China approves trial of new ‘nasal spray vaccine’ for COVID-19. In a major move, China’s National Medical Products Administration...

The U.K. economy grew 6.6% in July on a monthly basis, according to initial estimates published Friday, as the economy seeks to recover from the...

South Korea is preparing the fourth supplementary budget of this year of around $6.6 billion to aid struggling small businesses facing mass...

Mexico’s government plans to keep a lid on spending while offering some support for hospitals, pensioners and infrastructure in a lean 2021...

India’s economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing back in the next...

The Europe Stoxx 600 rose Monday with broad gains across industry groups. Oil slumped on a price reduction by Saudi Arabia. The dollar strengthened...

U.K. house prices saw their biggest growth since 2016 in August, climbing to a record high, according to Britain’s longest-running barometer...

Gold futures headed lower on Friday for a third straight session, on track to log a weekly loss of around 2%, as better-than-expected monthly U.S....

The U.S. economy’s long journey back to recovery appears to have taken another step forward in August as more people returned to work, but...

U.S. services industry growth slowed in August, likely as the boost from the reopening of businesses and fiscal stimulus faded.

The euro zone’s rebound from its deepest downturn on record faltered in August as growth in the bloc’s dominant service industry almost...

U.S. private payrolls increased less than expected in August, suggesting that the labor market recovery was slowing as the COVID-19 pandemic drags...

With deflation alarms ringing again at the European Central Bank, August’s price shock piles pressure on it to ape the Federal...

Aggregate trading volume on decentralized exchanges reached $11.6 billion in August, up from $4.5 billion in July as the intense enthusiasm for...

China’s baby boomers are set to retire in the coming years, and they’re spending in different ways compared to the current retirees,...

British house prices leapt to hit an all-time high in August, mortgage lender Nationwide said on Wednesday, adding to signs of a sharp rebound in...

Germany expects the economic devastation caused by the COVID-19 pandemic to be less severe this year than originally feared, but sluggish foreign...

China will likely become the world’s largest economy in a few years and it is preparing itself for major shifts in international trade. In a...