How to stop arbitrary budget rules hurting growth

Over 120 countries now have self-imposed fiscal straitjackets, up 7% since Covid. Britain, whose finance minister Rachel ...
PolitiFact

Ask PolitiFact: How much could the federal shutdown cost?

The Congressional Budget Office, Congress’ nonpartisan number cruncher, released an Oct. 29 estimate of how much the economy could lose from a four-week, six-week and eight-week shutdown. The shutdown ...

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from ...

Shutdown is costing U.S. economy $7 billion per month, budget office says

The Congressional Budget Office issued projections Wednesday for three different scenarios about the length of the government ...

AI and energy infrastructure may buoy US economy in 2026

The U.S. economy is expected to see continued growth, although at a lower level than in recent years at 1.8%. But it could be ...
Reinsurance News

Economic impact of Melissa could reach 30–250% of Jamaica’s GDP: BMS

BMS has warned that the total economic impact of Hurricane Melissa could reach 30–250% of Jamaica’s GDP, potentially ...
MarketWatch

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

New York and California are struggling economically — and if things get worse in those states, they could take the whole U.S. economy down with them. The two states, it must be noted, aren’t doing as ...
The Hill

Bessent warns shutdown could hurt GDP: ‘A hit to working America’

Treasury Secretary Scott Bessent said Thursday the government shutdown could slow the economy, delivering a blow to the nation’s gross domestic product (GDP) and its workers. “This isn’t the way to ...
Nature

End GDP mania: how the world should really measure prosperity

Last week’s United Nations General Assembly, held in New York City, generated no shortage of headlines. But one notable policy initiative from the world body was not discussed by world leaders when it ...
PC World

A lifetime license to Microsoft Office 2019 is just $20

TL;DR: Skip the pricey subscriptions—get Microsoft Office Professional Plus 2019 for a one-time payment of just $19.97. Not every project needs the newest, flashiest software. For many professionals, ...
Wall Street Journal

Beneath the GDP, a Recession Warning

The White House and Wall Street were exuberant last week when the Commerce Department’s Bureau of Economic Analysis revised upward its second-quarter estimate of gross domestic product to show 3.8% ...
The Baltimore Sun

Fed could be cautious on rate cuts as GDP surges; potential inflation risks remain

The U.S. economy is showing surprising strength, with new government data revealing a faster pace of growth last quarter than previously estimated. The Commerce Department reported Thursday that gross ...