News

A significant surge in equipment investment, driven by businesses front-running potential tariffs, boosted GDP but may lead ...
Consumers’ expectations about their own personal financial situations declined sharply in April, according to the New York ...
The biggest industry you have never heard of runs many common threads through the economy—especially consumer spending.
US disaster costs hit a record $1 trillion over 12 months due to fires, hurricanes, and higher insurance, exceeding 3% of GDP ...
The U.S. economy has gone through 34 recessions since 1854. During a recession, GDP might decline by 2% up to as much as 5%.
As the global consumer shows sign of weakness, investors are rotating to an unexpected growth area - European defense. This ...
The U.S. economy shrank by 0.3% in the first quarter of 2025, sparking fears of a recession. President Donald Trump blamed ...
With many cutting back on expenses amidst fears of a recession, three Canadian teams making deep playoff runs might be just what the economist ordered.
With so many fingers pointed at so many targets, the Q1 GDP data must have been an absolute disaster, right? Well, no.
Consumer spending from rich Americans is fueling the economy. And if they pull back, it could help push the US into recession ...
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government ...
The global luxury market contracted for the first time in 15 years in 2024, with "aspirational" consumers tightening their ...