Inflation concerns are also on the rise, with the core Personal Consumption Expenditures (PCE) price index, which excludes food and energy, climbing at a 3.5% quarter-over-quarter annualized rate in ...

The US still dominates the global economy as the richest country in the world with a gross domestic product of $29 trillion — ...

Uganda is ranked as the world’s 116th happiest country and 19th in Africa. According to the World Happiness Report. 32 of the ...

The first half of 2025 witnessed U.S. gross domestic product (GDP) contracted by 0.3%, a violent turnabout of the 2.4% expansion recorded for the last quarter of 2024. It is the initial economic ...

The GDP growth rate has many limitations as an economic indicator. It captures only a very narrow slice of economic activity: goods and services. It pays no attention to what is produced, how it is ...

In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.

The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...

The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.