Officials on Thursday hailed a 5.3 percent increase in statutory minimum wage and potential annual adjustments, but a ...

The United States economy shrank in the first three months of 2025, contracting by an annualised rate of 0.3% – a stark ...

Australian motor sport endured tough years through the depths of COVID-19 but is now positioning for growth as it catches the ...

Fed meeting is a key economic event, with Wall Street looking to see what Fed Chair Powell & Co. will do with interest rates ...

Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...

Eduardo Porter This is just arithmetic: To get gross domestic product, you subtract imports from the data on investment and ...

In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.

The U.S. economy shrank over the initial months of President Donald Trump's second term as a flurry of tariff proposals stoked uncertainty among businesses and consumers.

The latest GDP numbers show the U.S. economy now shifting into reverse after Donald Trump’s abrupt policy shifts. The U.S. president is blaming his predecessor in the White House. Jared Bernstein, ...

The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first ...

The shrinking was largely due to a 41.3% spike in imports – the biggest in years – as companies and consumers moved to ...

Among the EU Member States with available data, Ireland (+3.2%) recorded the highest growth rate compared to the previous ...