Economy

Goldman Sachs has pushed its forecast for the Federal Reserve’s next rate cuts into 2027, signalling that stronger US growth, firmer hiring and stubborn inflation risks may keep monetary policy…

The UK’s Financial Conduct Authority (FCA) said on Monday that it plans to introduce a new rule requiring all money market funds (MMFs) to hold sufficient liquidity to ensure adequate…

The Reserve Bank of India kept its benchmark repo rate unchanged at 5.25% after its June monetary policy meeting on Friday, matching market expectations as policymakers balanced inflation risks, growth…

The US labor market delivered another upside surprise in May, with employers adding far more jobs than economists had expected. The stronger-than-anticipated hiring came despite rising energy costs, persistent inflation…

The Iran war is becoming a bigger problem for household finances.What began as a geopolitical shock has turned into a direct cost-of-living issue, hitting fuel, borrowing costs, investments and grocery…

US private-sector hiring strengthened in May, offering fresh evidence that the labor market remains resilient despite rising inflation and uncertainty stemming from geopolitical tensions in the Middle East.According to data…

British new car registrations increased by about 6% in May compared with the same month a year earlier, supported by robust demand for plug-in vehicles, according to data released by…

Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for workforce reductions even as hiring continues in parts of the economy.US-based…

The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims remained consistent with a labour market that continues to show resilience…