NATO allies are meeting in the Netherlands on June 24-25 this week. The alliance has reportedly agreed to hike their defense spending to 5% of gross domestic product by 2035. One chart shows what a ...
The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ...
The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank of Australia. Growth was "modest" but broad-based, ...
U.S. gross domestic product grew by 2.3% in the fourth quarter of 2024 after expanding by 3.1% in the third quarter. Consumption, net exports, and government spending contributed positively to Q4 GDP ...
The BEA's second estimate of real gross domestic product showed economic growth increased at an annual rate of 3.3% in Q2 2025. The increase in real GDP in the second quarter primarily reflected a ...
Q4 2025 GDP growth was weak at 1.4%, but largely distorted by a temporary government shutdown, masking stable private sector demand. Consumer spending and AI-driven nonresidential investment supported ...
The productivity boost that AI technology will generate is being overestimated, according to a new MIT study. AI-led US GDP growth in the next 10 years will rise just 0.93% to 1.16%, economist Daron ...
Before this week's annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product (GDP) by 2035. Getting to that target, however ...
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