Key Takeaways President Donald Trump's proposed 25% tariffs on Canada and Mexico have already affected the economy well before the Saturday deadline for them to go into effect.Even before going into effect,
New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose represent an aggressive early move against America’s three largest trading partners, but at the risk of
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
Much like the year before, 2024 was a year in which market and economic expectations were generally exceeded. There were worries going into the year about election uncertainties, reignition of inflation,
Americans’ economic confidence has slipped overall in recent months, but with partisan differences: Republicans are viewing it more positively, while the outlook among
The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back on investments and exported fewer goods overseas.
The German economy has shrunk for two years in a row, will stagnate in 2025, and hardly grow thereafter. Faced with deep-seated structural challenges, Europe’s powerhouse is in an economic existential crisis.
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — and a new presidential administration — that is full of uncertainty. US gross domestic product,
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.