The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
The U.S. economy expanded at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S.
Several U.S. states are riding high in the list of top world economies, according to new economic data from the last year. California and Texas ranked in the top 10 economies in the world for 2024, ...
As the country grapples with its first economic contraction in three years, a new map showcases the sharp divide in how each state's economy is weathering the 2025 downturn. According to data released ...
Gross domestic product, the broadest measure of economic output, did slow last quarter to a 3.3% annualized rate. But make no mistake, as Larry David would say, that’s prettaaay, prettaaay good. It’s ...
Technology is going to evolve even faster, and it will impact everyone, everywhere,” declared Gobind Singh Deo, Malaysia’s ...
The U.S. economy expanded faster between April and June than previously estimated, as growth bounced back after slumping in the first quarter, new government data shows. The Commerce Department said ...
Korea JoongAng Daily on MSN
Defense spending to hit $47 billion as sector strives for 3.5% of GDP
Korea proposed a $47.4 billion defense budget for 2026, aiming for defense spending to be 3.5 percent of its GDP by 2035.
President Donald Trump on Wednesday touted the latest gross domestic product (GDP) data that showed a rebound from the first quarter and also repeated his call for the Federal Reserve to cut interest ...
Cyprus Mail on MSN
Cyprus Business Now: teleworking, bank fines, SME funding, GDP forecast
The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025.According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected ...
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