The chances of an early increase in US interest rates are fading fast after news that the world’s biggest economy came to a virtual standstill in the first three months of 2015.
Plans by the Conservatives and Labour for a fresh round of deficit reduction after the general election are being strongly attacked by one of the world’s leading economists who warns that renewed austerity will hold back a still-incomplete recovery.
The standoff between Greece and its creditors has spawned another bit of rivalry: the battle among analysts to coin the latest buzzword for the painfully protracted drama.
Nepal's earthquake damage will put it among the most expensive earthquakes in recent history relative to a country's economic size.
Whatever one quarter’s GDP figures show when they are released on Tuesday, the next government should brace itself for a hard landing, according to an economics thinktank.
Europe needs to allow for bankruptcy within its borders and keeping Greece in the euro zone could be riskier than letting it go, the president of the influential Ifo Institute for Economic Research in Germany told CNBC Monday.
The economic costs of Nepal's devastating earthquake, which has claimed the lives of at least 3,200 people so far and injured thousands more, could exceed $5 billion, equivalent to 20 percent of the impoverished nation's gross domestic product (GDP), says IHS.
George Osborne’s stewardship of the economy is expected to take a dent on Tuesday when the latest official figures show last year’s healthy growth has lost momentum.
Bank of England policymakers voted unanimously to leave borrowing costs on hold this month, the minutes reveal, but with the eurozone economy picking up, two members of the monetary policy committee saw the decision as “finely balanced”.
Britain’s economy slowed sharply in the first three months of 2016 as factors unrelated to the looming in/out EU referendum put a brake on growth.
"Clumsy interventions" by some of the world's central banker will "destroy" the economy and usher in political chaos, a notoriously bearish Societe Generale strategist has claimed.
The world is no longer teetering on the brink of a full-blown recession thanks to a rally in global stock markets and surging commodity prices, according to a new report out today.