The “debt doesn’t matter” consensus had a strong start. During the coronavirus pandemic, Congress spent trillions of dollars ...

Canada's economy is in uncharted waters. After navigating the COVID-19 pandemic and a period of high inflation, the global trading system was upended when U.S. President Donald Trump imposed ...

The numbers: Worker productivity, one of the biggest drivers of a strong U.S. economy since the pandemic, stumbled in the first quarter of 2025, for the first time since the second quarter of 2022.

The economy contracted for the first time in three years, but it doesn’t mean the economy is rushing toward a recession. At least not yet. Gross domestic product, the official scorecard of the ...

The D.C. region’s economy is teetering on the edge of a painful slump, experts warn, as the Trump administration’s spending cuts, including the elimination of thousands of federal jobs ...

When Reform UK sent five members to Parliament last July, Nigel Farage, the populist party’s leader, called it a “bridgehead”. Thumping wins across England’s local elections on May 1st ...

China announced a raft of supportive measures to shore up its economy and stabilise capital markets on Wednesday, in a move seen as bolstering Beijing’s position ahead of upcoming trade talks ...

Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns that the economy could face stagflation if conditions persist. Stagflation is a ...

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% ...

WASHINGTON, May 7 (Reuters) - The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the U.S. economic ...

The son of a career army officer, Bennett led a nomadic life, attending ten different schools before graduating in 1980 from the University of North Alabama with degrees in Art and History. After ...

Pakistan cut its benchmark interest rate to shield the South Asian nation’s economy from global tariff-related disruption. The State Bank of Pakistan cut the target rate by 100 basis points to ...