Economy News What’s About To Hit The World Economy

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

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

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

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 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

Finland clings to happiness crown as economic gloom deepens

Harsh economic headwinds are sending a chill through the world's happiest country. But after 1,000 days of unemployment, 33-year-old Juho-Pekka Palomaa hasn't let Finland's problems get him down just ... Read More

Fox News Poll: Voters say White House is doing more harm than good on economy

Trump's approval hits new lows as 76% view economy negatively in the latest Fox News poll. Rising costs for groceries, utilities spark voter dissatisfaction nationwide. 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

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

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