The ongoing U.S. federal government shutdown is projected to cost the economy approximately $15 billion weekly, a significant reduction from the earlier estimate of $15 billion daily.
Treasury Secretary Scott Bessent on Wednesday said the ongoing government shutdown could be costing the U.S. economy billions of dollars per day. Bessent said at a news conference the partial ...
The United States is facing a serious economic problem as the government shutdown continues. White House economic adviser Kevin Hassett warns that the shutdown is costing the U.S. economy around $15 ...
Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ...
July 15 (UPI) --China's economy slowed in the second quarter but bucked expectations of a larger slowdown in the face of U.S. tariffs, a property market slump and a sluggish global economy, official ...
Some pros are beginning to declare that a recession is coming soon. Mark Zandi, Moody’s Analytics chief economist, tweeted on Friday that the U.S. economy “has entered a jobs recession” and told ...
Some political scientists see a pattern that suggests American democracy is being undermined in real time. The stakes are massive for the US economy and the business world.
A range of factors has driven gold prices to record highs this year — a surge some Wall Street analysts think is likely to continue.
The headlines are loud again, full of warnings about economic slowdown, falling business confidence, housing anxiety, tariff threats and more. It’s no surprise that many in Colorado are feeling ...
The Yoruba Union, known as Ìgbìnmó Májékóbájé Ilé-Yorùbá, has accused President BolaTinubu of overburdening Nigerians with excessive taxation amid worsening poverty, unemployment, and insecurity ...