The world cracks and hurts under money. Financial crisis concepts. Last week, powerful politicians and business leaders gathered in Davos, promising to “unlock new sources of growth” to solve the ...

This is a substantially tax-raising budget, but one that tries to obscure where the burden will fall. Rather than confronting the need to raise the basic rate of income tax, the government has opted ...

UNTIL 1700 the world economy did not really grow—it just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium ...

It is a favourite trick of politicians to promise economic growth to flatter their budget forecasts. Debt is only one-half of the debt-to-GDP ratio; increasing output can be as good as shrinking what ...

AI investments have contributed meaningfully to U.S. economic growth, but investors could find this financial boon is a double-edged sword next year when it brings greater job cuts. A striking port ...

The National Foundation for Credit Counseling predicts financial stress will reach an all-time high in the first quarter of this year. While spending growth for higher-income Americans remained stable ...

This is read by an automated voice. Please report any issues or inconsistencies here. The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income ...

Spain's gross domestic product surpassed expectations in the second quarter, growing 0.7%, above a forecast of 0.6%. Investment and consumption are the main key drivers for this growth, as well as a ...

Fears of a recession are back on investors’ minds. But predicting the onset of an economic downturn, let alone the length and severity of one, is difficult even for the experts. As a rule of thumb, ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...