The levies have prompted concerns of higher prices for consumers purchasing cars, refrigerators, produce and other items that the U.S. typically sources from abroad. The Consumer Financial ...

Gujarat, Maharashtra, Karnataka, and Tamil Nadu—account for about 43% of the total industrial gross state value added (GSVA).

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

As global elites gather this week in the ski resort town of Davos, Switzerland, for the annual World Economic Forum, our global context couldn’t be more alarming. Billionaire wealth has risen three ...

Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes Effect of rate hikes ‘has been much weaker than the economics textbook would have predicted,’ according to ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...

Even as the global economy stabilizes in the next two years, developing economies are expected to make slower progress in catching up with the income levels of advanced economies. The global economy ...

The UK economy just about returned to growth in November after two months of contraction, the latest official figures show. Gross domestic product (GDP), the standard measure of an economy's value ...

The UK economy grew slightly in November after it shrunk in both October and September, latest official figures show. Gross domestic product (GDP) rose by 0.1 per cent, according to figures ...

The UK economy returned to growth for the first time in three months, but the expansion was less than expected. The 0.1% uptick in November was driven by trade for pubs, restaurants and the ...

Nisha Gopalan is the Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.