Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...

Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...

Bessent is achieving his objective, but at a price — by tanking the U.S. economy. A recent Wall Street Journal article ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

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

Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

Germany's central bank proposed on Tuesday a far-reaching reform of the country's constitutionally enshrined cap on borrowing ...

The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, ...

December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...

Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending and ...

The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...