Consumer spending growth was revised up to +2.5% in Q2. The first estimate had pegged consumer spending growth at a ...

The following is an excerpt from the forthcoming book, “Rethinking Economic Growth,” by Dan Varroney. The United States is ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

In August, Renaissance Macro Research estimated, to date in 2025, the dollar value contributed to GDP growth by AI ...

The obsession with economic output as a measure of human development puts sustainability on the back burner. Researchers can ...

India's FY26 growth forecast was cut to 6.5% by ADB, down from 7%, primarily due to US tariffs impacting exports. While ...

Discover how demographic dividend drives economic growth through changing age structures, boosting productivity, and increasing savings and human capital.

A striking port worker stands at the entrance to the Port of New Orleans, Louisiana, on October 2, 2024. About 45,000 dock workers walked out at 36 U.S. ports amid fears of job loss in an AI-driven ...