The figures will come as a blow to Finance Minister Rachel Reeves, who has made rebooting economic growth and reducing the ...

The contracts will enable the DoD to develop agentic AI workflows and use them to address critical national security ...

US economy contracts 0.5% in Q1 2025 as consumer spending hits four-year low amid Trump policy uncertainty and rising unemployment claims.

If the conflict endures, the value of Sudan’s economy will contract by up to 42% – with 7 million more people falling into ...

U.S. services sector activity picked up in June as orders rebounded, but employment contracted for the third time this year, ...

The Bank of England is “almost certain” to cut interest rates next month after Britain’s economy shrank for a second month in ...

A government decision to abruptly roll back subsidies for renewable energy from January has hit power producers, cutting ...

Benchmark 10-year interest rates are up 2-3 bp in Europe, even UK Gilts, and are mostly 8-10 bp higher on the week. The ...

The US economy posted its first contraction in three years, data from US Bureau of Economic Analysis (BEA) showed on Thursday (US time). Chinese and foreign experts said the latest data is a ...

WASHINGTON, D.C. — The US economy contracted more than previously estimated in the first three months this year, according to government data released on Thursday, with consumer spending and exports ...

The U.S. economy contracted more than previously estimated in the first three months this year, according to government data released Thursday, with consumer spending and exports weaker than expected.

The Office for National Statistics said gross domestic product contracted by 0.1% in May, following a 0.3% drop in April.