An economist on Wednesday said that the latest round of US tariffs on Chinese imports could gradually reduce China's gross ...

Shares lower amid tariff chaos; Q4 GDP awaited; US equities get late boost; IAG reassures over cyclone; WiseTech scrambles to ...

Speaking Sunday on CBS News’ Face the Nation, Bessent said he expected that “very quickly, we will be down to the Fed’s 2% target.” That story is potentially at odds with the administration’s own ...

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

The U.S. Census Bureau has eliminated outside advisory committees of demographers, statisticians and advocacy group leaders ...

Trump's moves have raised inflation fears, even as he has promised the American public that taxes on imports are the easiest ...

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

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

The US administration will redefine how the government calculates gross domestic product, a move that critics warn could ...

On Sunday, President Trump announced his plans for a U.S. “crypto strategic reserve,” stating that he’d make the country the ...

Commerce Secretary Howard Lutnick says he wants to take government spending out of GDP measurements. We'll unpack the ...

There are growing questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could ...