The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe.
Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.
Economists warn that the war has increased the risk of a recession. And the longer the crisis lasts, the greater the danger to an economy that already looked vulnerable before the chaos in the Middle ...
The conflict raging in the Middle East will test the resilience of a global economy that has already contended with wars and trade disruptions over the past year.
One of the main pillars propping up the US economy — consumer spending — may be starting to crack.
Two new pieces of economic data, one released Thursday and one released Friday, blew another hole in President Donald Trump’s triumphant narrative about the effects of his tariffs.
China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an ...
Iran has threatened to set oil and gas infrastructure in the Middle East “on fire” if its energy sites are attacked. Follow live updates.
Economic uncertainty tied to President Donald Trump’s signature trade policies has led many small businesses to lay off workers, delay expansion plans or scale back production.
CNN senior reporter Matt Egan, who covers business, the economy, and financial markets for the network, raved about a new Consumer Price Index report suggesting that inflation is cooling shortly after ...
CNN chief data analyst Harry Enten on Tuesday broke down how President Donald Trump’s low economy ratings could cost Republicans control of Congress later this year. Using aggregated data from a ...
Why was the economy in a sluggish state when ex-President Joe Biden’s term ended? CNN’s Brianna Keilar said it was due to the COVID-19 pandemic — which started nearly five years before Biden exited ...