The global economy is at a precarious juncture, marked by heightened trade tensions and elevated policy uncertainty, according to the World Economic Situation and Prospects as of mid-2025.  The recent ...

In technical terms, a recession is a period of economic decline in which the GDP of a country experiences at least two quarters of negative growth. While not all recessions are created equal, they ...

UK has fastest growing economy in G7 in boost for Starmer - Sir Keir Starmer said the figures showed he was meeting his goal ...

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

At talks in Antalya, Turkey, NATO Secretary-General Mark Rutte said that more investment and military equipment are needed to ...

British Foreign Secretary David Lammy stated that the U.K. aims to increase defense spending to 2.5 percent of GDP by 2027.

The debate on defense spending is heating up ahead of a summit of U.S. President Donald Trump and his NATO counterparts in ...

In recent years, Washington State hiked its capital gains taxes on high-end stock sales. New Mexico also took action to tax its wealthiest residents. And Massachusetts passed a special surtax on ...

An International Monetary Fund (IMF) mission, led by Mr. Jean-Guillaume Poulain, met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation. The fo ...

New York City ranked 17th globally in the annual Happy City Index, making it the highest-ranking U.S. city. The Big Apple ...

Russia's oil export revenues fell to their lowest level in nearly two years in April due to plunging oil prices, leading to ...

U.S. business inventories rose less than expected in March as robust sales growth at retailers depleted stocks there.