Taiwan needs to hike defense spending to 10% of GDP-Pentagon nominee
Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
U.S. gross domestic product rose 2.3% in fourth quarter, up 2.8% for 2024 as a whole
Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce ...
Atlanta Fed model predicts GDP to shrink 2.8% in Q1: Trumpcession
America’s GDP is forecasted to fall 2.8% in Q1, according to the Atlanta Federal Bank’s GDPNow model — potentially leading to ...
Houston region leads major U.S. metros in two-year GDP growth
Houston’s GDP growth outpaced the nation’s two largest metropolitan areas, New York and Los Angeles, which saw two-year ...
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
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Taiwan should spend 10% of GDP on defense, Pentagon No. 3 pick Colby says
Taiwan needs to increase its defense spending to around 10% of gross domestic product, a figure quadruple the 2.45% it currently allocates, U.S. President Donald Trump's nominee for a key Pentagon ...
Canada's economy posts surprise annualized fourth quarter growth of 2.6%
Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread ...