Economic News

[ad_1] A long-delayed government report showed GDP grew at an annual 4.3% rate for the July through September quarter, beating expectations.

[ad_1] Getty Images The UK economy has been slowing after a strong start to 2025. The latest figures show that the economy shrank by 0.1% in October, and also contracted by 0.1% in the August-to-October period. The rate of economic growth matters because it affects things like pay increases for workers and the amount of … Read more

[ad_1] Consumer sentiment in the U.S. weakened for a fifth consecutive month in December, amid enduring concerns over jobs and business conditions, a monthly survey said.

[ad_1] The gold price has hit another record high, trading above $4,400 (£3,275) an ounce for the first time. The price of the precious metal has risen on expectations the US central bank will cut interest rates further next year, analysts said. Gold started the year worth $2,600 an ounce, but geopolitical tensions, the Trump … Read more

[ad_1] Canada’s economy is on track to shrink slightly in the final quarter of 2025, with the steepest contraction in almost three years notched in October and early signs pointing to only a modest recovery last month.

[ad_1] Danielle KayeBusiness reporter Reuters The high-stakes search for a new leader of the US central bank is drawing to a close. US President Donald Trump is expected to name someone in the coming weeks to replace Jerome Powell, whose term as Federal Reserve chairman will end in May. That person will step into the … Read more

[ad_1] Find insight on U.S. home prices, retail sales and more in the latest Market Talks covering financial services.

[ad_1] Natalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth … Read more