Federal workers’ salaries represent less than 5% of federal spending and 1% of GDP Cutting these jobs indiscriminately will “substantially damage the economy,” experts say.

Canada's economy contracted in the second quarter much more than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government spending cushioned the impact, ...

BERLIN (Reuters) - A trade conflict based on blanket 25% tariffs could cut economic growth in Germany by more than 1 percentage point, according to calculations from an economic institute. That ...

Sajid Chinoy of JPMorgan warns that 50% US tariffs threaten labour-intensive export sectors in India. Targeted fiscal and monetary support is needed to prevent job losses and maintain growth.

According to the report, Nebraska ranked last in GDP for the first quarter of 2025 at -6.1% ...

That’s worse than the initial estimate of -0.1% and comes after Germany saw a GDP boost at the start of the year, notably as ...

HONG KONG (Reuters) -Hong Kong's economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments following the temporary easing of U.S ...