Belgium aims to hike defence spending to 2% of GDP this year, De Tijd reports
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, Belgian newspaper De Tijd reported, citing Prime Minister Bart De Wever.
As Trump upends US government, Xi aims to project that it’s business as usual in China
As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign ...
The top 10% of Americans are propping up the economy. Here's what will happen if they stop spending.
Such an uneven distribution makes economic growth increasingly reliant on further gains in the wealth effect in the form of rising equity and property prices. Since the top 10% owns most of the wealth ...
Marketplace9h
What if the U.S. just deleted government spending from GDP?
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
Trump Advisers Want to Strip Public Spending from the GDP Tally. Why It Makes No Sense.
Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...
Economic Fears Rise In Advance Of Trump's Big Speech on Tuesday
He's written hundreds of stories breaking down complex financial topics in plainspoken language, emphasizing the impact that economic currents would have on individuals' finances and the market. He's ...
Tariffs, layoffs, and immigration — the triple threat to economic growth that has Wall Street worrying about the U.S. economy
Of course, it will likely take a beat before the market reaches any consensus about the direction of the economy. Two ...
Wall Street slumps after Trump says tariffs to go into effect tomorrow, GDP outlook turns negative
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
A Key Interest Rate Falls, but Not for the Reasons Trump Wanted
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
New Zealand's economic missteps hasten exodus to sunnier shores
Corey Ngaru and his partner Elian Lellimo left recession-hit New Zealand for the sunshine of Australia's Gold Coast just a ...
New York Sun14h
Facing Dismal Economic Projections From Atlanta Fed, Commerce Secretary Proposes Major Change to GDP Reporting
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
American Banker15h
Policy uncertainty is weighing on economy, experts say
Unclear and inconsistent signals from Washington about tariffs, tax policy and the capacity of federal agencies are already spurring more conservative consumer-spending habits and could drag down ...