Help to Buy is "reckless" and will damage UK, says new report

By not easing liquidity conditions, the central bank could exacerbate an economic slowdown that already appears well under way. China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed today. The ...

MOSCOW: Russia's finance minister said Tuesday he would welcome a weaker ruble to revive flagging economic growth, but while the approach may boost fiscal revenues there is a risk that inflation could become entrenched. Anton Siluanov's call for a ...

June 7 (Bloomberg) -- American employers took on more workers than forecast in May as the world's largest economy weathered the impact of higher taxes and federal spending cuts. Payrolls rose 175,000 after a revised 149,000 increase in April that ...

Sequestration, the mandated across-the-board budget cuts activated in March, has not triggered the financial apocalypse predicted by many. Make no mistake, people have lost jobs and many other Americans have been impacted by reductions in funding to ...

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. CHRISTINE ROMANS, CNN ANCHOR: In 2012, Republicans attacked the so- called Obama economy, but now the economy is rewriting that script. I'm Christine Romans. This ...

2:01pm: Please Log in to update your video settings Video will begin in 5 Rear Window Budget reaction Qantas assets on the block World first IVF float Dollar relief Please Log in to update your video settings Ross Gittins explains why he thinks ...

An increased or broader goods and services tax would be a ''godsend'' for the territory, say ACT economists. And the impact on cost of living could be eased for low-income earners through income tax cuts or increased social security payments. Chief ...

Anna Pha Just a couple weeks out from the May 2013-14 federal budget, the Treasurer's claims that the budget was made from a position of economic strength are looking even less credible than they did at the time. Fifty-five billion dollars was wiped ...

If there is any real narrative beyond the usual humdrum in this year's budget, it is that we might finally be facing up to the reality of the post-GFC world, writes Greg Jericho. The coverage of budgets is invariably an attempt to find the narrative ...