Billionaire Elon Musk is at the center of cutting federal spending for Donald Trump, but the president urged him to use a ...

Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent ...

The stock market dropped sharply in recent days as investors worried about the effects of new tariffs on Canada and Mexico by ...

Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...

The Trump administration wants to create a separate report about the economy that strips out the impact of government ...

Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the ...

Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the ...

Elon Musk took to a stage in Washington, D.C., on Thursday, waving a blinged-out chainsaw gifted by Argentina's President Javier Melei. Musk, wearing a black "Make America Great Again" hat at the ...

Prime Minister Keir Starmer committed to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying ...

Elon Musk told all US federal workers to report what they ... it would only reduce America’s annual gross domestic product (GDP) by about 0.1%. “This, on its own, is not recessionary,” Tedeschi said.