Economic news refers to information and updates about the economy, including data on inflation, employment rates, and gross domestic product (GDP). It helps people understand how the economy is performing and can influence decisions made by businesses, investors, and policymakers. This type of news often covers major events, such as changes in interest rates set by central banks like the Federal Reserve or the European Central Bank. Economic news can also include reports on consumer spending, trade balances, and market trends, providing insights into the overall health of the economy.