Economy News What’s About To Hit The World Economy

What In the World Is Going On With the Economy?

The fate of the Trump administration — and perhaps Republicans in Congress — is tethered to how Americans feel about the economy. And right now, it’s hard to find anyone who can say with confidence ... Read More

Trump's tariffs hit the global economy

There is new evidence of global pain stemming from President Trump's trade policy, which single-handedly scrambled the world economy. Why it matters: From China to Switzerland, the economic ... Read More

Japan’s economy contracts as exports get hit by US tariffs

Japan has reported its economy contracted at a 1.8% annual pace in July-September as President Donald Trump’s tariffs hurt exports. Read More

The A.I. Boom Is Driving the Economy. What Happens if It Falters?

A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries. Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Ask PolitiFact: How much could the federal shutdown cost?

The federal shutdown — one month long and counting — has an obvious economic impact for government workers who aren’t receiving paychecks and food aid recipients who could lose their benefits Nov. 1. Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More

New economic troubles hit Russia’s war-weary economy

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More

China's economy slows to 4.8% annual growth in July-September, hit by tariffs and slack demand

HONG KONG (AP) — China's economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand. The ... Read More

Washington’s struggling economy takes another economic hit from the government shutdown

WASHINGTON (AP) — With the combination of the longest government shutdown, the mass firings of government workers and a fresh cut in federal food aid, the Capital Area Food Bank in Washington is ... Read More