Even if AI supercharged the economy, its impact on the government’s finances would be muted’ ...

The American economy grew at an annual rate of 4.4 per cent in the third quarter of 2025, according to the US Bureau of Economic Analysis. That robust expansion in GDP growth — more than double ...

When Donald Trump took office six months ago, economic forecasters held their breath. The president had promised a radical political and economic agenda for his second term: a broad crackdown on ...

New York/Los Angeles | US consumers are reining in spending on travel and leisure, hitting businesses including Disney theme parks, Airbnb home rentals and Hilton hotels as questions grow about the ...

No wonder Donald Trump is in a good mood. New economic data has dropped and inflation has slowed, bolstering the US president’s insistence he can manage the economy. Mr Trump has pardoned five NFL ...

US President Donald Trump has blamed his predecessor for an unexpected 0.3 per cent decline in US gross domestic product in the first three months of 2025. Economic growth was weighed down by ...

From mortgages to auto loans to credit cards, borrowing is set to get even pricier. But the Federal Reserve’s decision on Sept. 16, 2026, to hike its baseline interest rate also highlighted an ...

Global financial markets have fallen on fears the US is heading toward a recession. The tech-heavy NASDAQ lost 2.43 per cent on on Friday, local time, and is now in technical correction. There are ...

The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and ...