The Atlanta Fed's GDPNow model had earlier this week projected nearly -3% GDP growth for the first quarter of 2025 (-2.8%).

Elbridge Colby, nominee for Under Secretary of Defense for Policy, said Japan needed to spend far more on its defense.

The president has discussed possibly favoring members of the alliance that spend a set percentage of their GDP on defense, ...

Although the US president's announcement of tariffs on Europe has not yet been implemented, this week's plunge in the stock ...

Still, the president said little else about his plans to bring down prices, focusing instead on his administration's aggressive actions to reduce government spending through the so-called Department ...

Employees at the SEC are being offered $50,000 to resign or retire, within the next month. How will displaced workers find ...

European Union leaders are holding emergency talks on ways to quickly increase their military budgets after the Trump ...

But exports of government goods and services decreased $0.3 billion. The deterioration in the trade deficit and drop in consumer spending in January have raised the risk of a contraction in gross ...

The numbers: The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It's the widest deficit going back to the start of the series in 1992 ...

China has set a 5-percent GDP growth target for 2025, but the economy continues to struggle under a prolonged property market slump ...

The U.S. banking and financial sector is at risk of a significant downturn if a recession unfolds in early 2025. Click here ...

European Union leaders are holding emergency summit talks to beef up their own military defenses and make sure Ukraine will ...