In early April, Trump said many countries had “ripped us off left and right” and declared “now it’s our turn to do the ripping”. His administration swiftly imposed sweeping tariff increases, with some ...

Japan's central bank has slashed its 2025 GDP forecast from 1.1% to 0.5% as a result of U.S. tariffs. The announcement comes ...

Don’t overlook the currency angle. After a short-term bounce, the U.S. Dollar Index is rolling over again. That’s bullish for ...

An International Monetary Fund (IMF) mission led by Mr. Matthew Gaertner held the 2025 Article IV consultation and discussions on the second review under the Policy Coordination Instrument (PCI) with ...

Replacing all future Social Security benefits with a flat monthly payment of $1,660 per retiree - and $2,250 for a couple - is among the policy options offered by the Congressional Budget Office to ...

New data shows companies created 177,000 jobs in April, but the impact of tariffs is expected to hit in May and could send ...

So far in 2025, the market has been marked by a low firing, low hiring trend that can’t last forever,” one economist said.

Even with the data sending stark warnings, the Fed is unlikely to budge from its position when it meets on Wednesday with markets pricing just a 7 per cent chance of a rate cut. Until it is certain ...

U.S. gross domestic product (GDP) shrank during the first quarter of 2025 as a surge of imports ahead of President Trump’s ...

California’s $4.1 trillion output last year jumped its long-standing No. 5 global ranking to slip past Japan’s $4.03 trillion ...

BRUSSELS - NATO chief Mark Rutte has proposed alliance members boost defence spending to 3.5% of GDP and commit a further 1.5 ...

T he latest US GDP report revealed a significant drop in economic performance, suggesting that America’s economy might be even weaker than it looks. During the first quarter of ...