Global Economic Output Looks Slower for 2026, IMF Says
The I.M.F. projected world output growth would fall to 3 percent for the year, a number pushed down by high commodity prices.
The I.M.F. projected world output growth would fall to 3 percent for the year, a number pushed down by high commodity prices.
Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade deficit to its highest level in over a year.
The threat of tariffs may have helped push more capital into the United States, but other factors are pushing it away.
President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.
Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy.
Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on?
President Trump said the U.S. chip maker would make a significant donation to a new type of investment account created by the administration.
The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.
The Trump administration said Wednesday it would not immediately request to renew the North American trade agreement, leaving businesses uncertain about the trade deal’s direction.
A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position.