Q2 GDP growth is nowcast at a moderate 1.7%, supported by a rebound in June retail sales. Consumer resilience remains strong, ...

This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive tariffs ...

For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029.

South Korea's economy grew in the second quarter at the fastest pace in more than a year, beating market expectations, ...

The commerce secretary said President Donald Trump's sweeping new tariffs would drive as much as 1.5 percent gross domestic ...