The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a ...

South Africa must take bold steps to ease a suffocating debt burden and boost economic growth, the International Monetary ...

President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, though economists say it's unlikely to narrow that gap.

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

Israel's economy posted scant growth in 2024, with the war in Gaza against Palestinian Islamist group Hamas taking a toll on ...

A noted economist said raising interest rates alone may not be effective in reducing inflationary pressures, instead prescribing alternative steps such as increasing the supply of goods to combat ...

The Northern Territory chief minister has vowed to crack down on environmental "lawfare" by removing the ability for third ...

Part of that strategy is Trump's belief that tariffs will help reduce trade deficits ... balances don't "say anything about a country's economic health, good or bad, it just means a lot of ...

In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...

in an effort to diversify the Saudi Arabia economy, reduce dependence on oil, and increase participation of private players. The oil-rich kingdom aims to boost emerging sectors, generate ...

The Energy Information Administration (EIA) released its latest Natural Gas Storage report, revealing a decrease in the number of cubic feet of natural gas held in underground storage during the ...