The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

How full employment has changed the economy

Save articles for later Add articles to your saved list and come back to them any time. This may be the first time you’ve watched the managers of the economy using high interest rates and a tighter budget to throttle demand to get inflation down. But if it isn’t your first, have you noticed how much harder they’re finding it […]

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U.S. Consumer Prices Inch Up In Line With Estimates In November

Consumer prices in the U.S. inched up in line with economist estimates in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday. The Labor Department said its consumer price index crept up by 0.1 percent in November after coming in unchanged in October. The uptick matched expectations. The modest increase in consumer […]

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Eight ways to practise financial self-care this Christmas

Save articles for later Add articles to your saved list and come back to them any time. The silly season is well and truly upon us, and while this time of year is traditionally associated with joy and celebration, all feelings at this time of the year are exaggerated. If you’re surrounded by beautiful friends and family, December turbocharges the […]

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Rich and powerless: How Putin controls Russia’s wealthy oligarchs

Save articles for later Add articles to your saved list and come back to them any time. When Vladimir Putin came to power in 2000, the outside world viewed those Russians known as “oligarchs” as men who whose vast wealth, ruthlessly amassed, made them almost shadow rulers. A “government of the few,” in the word’s etymology. The term has persisted […]

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China Manufacturing Activity Recovers In November

China’s factory activity rebounded in November as sustained rise in new orders lifted production, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers’ Index, or PMI, rose to a three-month high of 50.7 in November from 49.5 in October. Economists had forecast the index to rise moderately to 49.8. The health of the sector strengthened for […]

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European Economic News Preview: Eurozone Final Factory PMI Due

Factory Purchasing Managers’ survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the UK Nationwide house price data is due. House prices are forecast to fall 2.3 percent on a yearly basis in November after easing 3.3 percent in October. At 2.30 am […]

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White-collar workers face hiring cliff as rate rises bite

Save articles for later Add articles to your saved list and come back to them any time. The post-pandemic jobs boom for white-collar workers is coming to an abrupt halt, as rising interest rates and a slowing economy dampen hiring across the financial services sector. From finance, to professional services such as consulting, to technology, there are clear signs some […]

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Eurozone PMI Signals Shallow Technical Recession

The ongoing downturn in the euro area private sector suggested that the region might have entered a shallow recession in the final quarter of 2023, according to the latest purchasing managers’ survey results released by S&P Global on Thursday. The HCOB flash composite output index rose to 47.1 in November from 46.5 in October. The reading was also above economists’ […]

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