U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP)...
GDP News
A working paper from the U.S. Congressional Budget Office recently estimated the distribution of changes in gross domestic product in...
Today may be the day when the impossible becomes possible—based on the number of headlines in recent days saying pretty...

Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack...
World trade will grow by a mere 2.5 percent this year, dragged down by Europe to less than half of...

XL’s CEO Mike McGavick doesn’t mince words when it comes to looking at the big, and not very pretty, picture...
The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on Europe must decide whether...
The euro zone economy narrowly skirted recession in the first half of the year, but austerity programs across the region...
Japan’s government expects last month’s earthquake and tsunami to cost up to $300 billion in material damage, but the ultimate...
Quake-hit Japan faces a recovery and reconstruction bill of at least $180 billion, or 3 percent of its annual economic...