Fiscal policy affects macroeconomic stability, growth, and income distribution. Citizens expect their governments to ensure value-for-money for public spending, a fair and efficient tax system, and ...

This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following ...

ISLAMABAD: Continued efforts toward fiscal consolidation and policy reforms will be the key to improvements in Pakistan’s macroeconomic recovery and stability, particularly broadening the tax ...

China's policymakers will likely deploy a stronger mix of fiscal and monetary policy measures to shore up domestic demand and cushion the impact of the volatile United States trade policy ...

C. Peter McColough Series on International Economics With Austan Goolsbee Austan Goolsbee of the Federal Reserve Bank of Chicago discusses the U.S. economy and monetary policy. The C. Peter ...

Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2025 Berkshire Hathaway annual meeting. 5 takeaways from Trump’s meeting with Canada’s Mark Carney Social Security ...

The U.S. economy is being driven at full speed toward a cliff’s edge, with President Trump and the Republican Party not just pressing firmly on the accelerator but actively disabling the brakes.

There is one subject where Federal Reserve Chair Jerome Powell has been consistent since becoming central bank boss nearly ...

Data from the Illinois Board of Higher Education, which oversees public universities, shows university income has had to make up for the steady loss of funding from the state since around fiscal ...

Countries like Germany have gotten away with lecturing others about their fiscal prudence. But maybe the Germans should take a look around them, argues economist Larry Kotlikoff, to see which ...

With that disclaimer in mind, I offer some sobering Wall Street thoughts about the future of the US economy and the markets as Trump 2.0 pushes forward with one of the most seismic fiscal policy ...

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.36 on $19 million in revenues for the ...