GDP

The national debt is soaring. Social Security will be underfunded in less than a decade. CBO gave Congress several options and time is running out.

Raise taxes? Cut spending? Social Security? ‘Something has to be done’

Taylor Swift and Beyonce have boosted entire economies. But women, who control 85% of consumer spending, are still widely underestimated.

‘Who run the world?’ Beyoncé, Taylor Swift and the power of female spending

China's population has peaked, its workforce is aging and the Chinese Communist Party can't convince its people to have more kids.

China’s population problem: Aging people, fewer babies, ‘lying flat’ youth

The U.S. dollar's global dominance has been a sure thing for about a century. Now BRICS and emerging economies are looking to dethrone it.

Could BRICS nations dethrone US dollar dominance with a new currency?

Dedollarization pressure heats up as countries look to cut the U.S. dollar out of trade transactions. We examine the risks to the U.S.

Countries are souring on the US dollar. Is dedollarization really a risk?

After repeatedly churning out disappointing economic data, banks are slashing China's growth outlook for 2023.

Banks bear down on China’s growth but this bull is bucking the doom and gloom

Did the U.S. economy add 10,500 jobs or 1 million jobs during Q2 2022? The Philadelphia Fed data discrepancy is making waves in Washington.

Philadelphia Fed claims government overestimated job growth by +1 million

President Biden claimed inflation is coming down in American while rising by double digits in other major economies. The data proves otherwise.

Biden falsely claims inflation in major economies ‘rising in double digits’

The fact that the economy is the top issue for voters this election comes as no surprise, and voters seem to favor Republicans to fix it.

The economy is voters’ top issue. Here’s how it’s changed since the 2020 election.

After two consecutive quarters of negative economic growth in 2022, the latest GDP report suggests the U.S. economy has turned it around in the third.

GDP report: US economy grew 2.6% in Q3 but recession still top of mind