Economy

The US Treasury said Thursday it will introduce a new 20-year bond meant to finance the country’s growing deficit, which exceeded $1 trillion last year. Treasury intends to issue the first 20-year bonds...

UK unemployment fell to its lowest level since January 1975 in the three months to October this year. The number of people out of work fell by 13,000 to 1.281 million, Office for National...

Canada lost 71,000 jobs in November, pushing its unemployment rate up to 5.9 percent — its highest level in more than a year, according to government data released on Friday. The losses were...

Queues have formed outside banks in Zimbabwe as people hope to get hold of the country’s first Zimbabwe dollar notes to be issued since 2009. The currency was scrapped a decade ago because...

US employment was more resilient than expected in October despite the impact of strike action at General Motors. Companies added 128,000 new jobs last month, ahead of a forecast 55,000 rise. Manufacturing employment...

China‘s economy grew at a slower pace than expected in the third quarter as it struggled with a US-led trade war and softer domestic demand. In the three months to September, the economy...

The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data. The Labor Department figures showed that the rate fell to 3.5% in September from...

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation’s gross domestic product (GDP), an industry group said on Thursday. The Internet...

The Australian economy has recorded its weakest annual growth in a decade, official data released on Wednesday showed, expanding just 1.4 percent in the year to June. The Australian Bureau of Statistics reported...

Bangladesh has topped in the world in achieving the Gross Domestic Product (GDP) during the last 10 years since 2009, according to the recently released “Spectator Index-2019.” The cabinet meeting today discussed the...