Oil prices have reached their highest level in a year amid hopes in financial markets that the Opec cartel will make a deal to curb crude production stick.
Two long-term trends make me worry about the Italian economy, regardless of the outcome of the referendum this weekend. First, the so-called Italian Death Cross, and second the prospect of three decades of lost growth (yes three, this isn’t a typo).
Theresa May’s adviser on the future of work says the boom in the gig economy could have a significant impact on government finances, with self-employed workers and contractors paying more than £2,000 less a year on average in tax than employees doing equivalent jobs.
Mario Draghi, the president of the European Central Bank (ECB), has urged the British government to disclose more information about its plans to leave the EU.
Growth in the global economy could accelerate to 3.4 percent in 2017 but the outlook is clouded by political risks, Morgan Stanley has warned.
A forecast £60bn hit to the UK's finances would still represent a good deal for Brexit, according to former British Chambers of Commerce boss John Longworth.
Leaving the single market would be damaging to almost every sector of the British economy from manufacturing and energy to retail and financial services, according to a new report commissioned by an alliance of Tory, Labour and Liberal Democrat politicians trying to stop a hard Brexit.
The strain of sluggish consumer spending and rising wages hit profits and dented the optimism of the UK’s services sector in November, according to the Confederation of British Industry.
British businesses continued to invest and consumers carried on spending in the months following the Brexit vote, defying predictions that a wave of uncertainty would hit economic activity.
The US economy added 151,000 jobs in January while the unemployment rate dropped to 4.9%, the US Department of Labor announced on Friday.
Early Friday afternoon, Barack Obama took the stage at the White House briefing room to announce that the US unemployment rate had dropped below 5% for the first time since February 2008.
U.S. ratings agency Standard & Poor's downgraded Wednesday its credit rating for Japan from AA- to A+, but has revised its outlook for the world's third-largest economy from negative to stable.
The Bank of England (BoE) left interest rates and its asset purchase target unchanged on Thursday, as an improving economy continues to add to speculation that a rate hike could be around the corner..
Wage growth across the economy has slowed to 2%, underlining the financial challenges facing households in the run-up to Christmas.
The European Central Bank's chief economist has staunchly defended its asset purchase programme, arguing that it will eventually increase inflation in the Eurozone.
The risk of the global economy being battered by a “perfect storm” in 2016 has been highlighted by the World Bank in a flagship report that warns that a synchronised slowdown in the biggest emerging markets could be intensified by a fresh bout of financial turmoil.
China’s central bank has stepped up action to bolster its cooling economy by loosening the rules on banks’ cash reserves in the hope that they will offer cheaper loans.
Uncertainty over the outlook for the UK economy after the Brexit vote in June has sent the pound plummeting to levels not seen since the 1980s.
Predicting the future is hard. Predicting what US President-elect Donald Trump will do is potentially harder.
A majority of managers in the UK believe Brexit-related uncertainty will hold back economic growth next year and almost half think leaving the UK will be a drag in the long term, according to a survey.