Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit
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 ...
How Mass Layoffs Of Federal Employees Could Affect The Economy
Key Takeaways The Trump administration has fired thousands of federal employees during its first month in office.Mass layoffs ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Wars dent Israel's economy in 2024 but military spending keeps growth at 1%
Israel's economy posted scant growth in 2024, with the war in Gaza against Palestinian Islamist group Hamas taking a toll on ...
Russian Economy Faces Sharp Slowdown as War Rages On, Bank Warns
The central bank's forecast noted that Russia's growth for 2024 was 4.1 percent—higher than predicted in October, mostly due ...
Will tariffs reduce trade deficits? Experts weigh in
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.
Opinion: Trump’s economic policies are dragging America backward
In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...