The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary Scott Bessent said ...

Treasury Secretary Scott Bessent said the US ended fiscal year 2025 with a lower deficit-to-GDP ratio than the year before.

The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies. The country's GDP ...

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury ...

Investment in data centers and information processing technology has taken center stage in the growth of the US economy this year, setting new benchmarks and prompting ...

The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs. But a look under the ...

Continued productivity growth is essential for positive economic outcomes in coming years, Olivia White, Rebecca J. Anderson, ...

The AI capex spending race is so massive that it's lifting up the entire US economy. Researchers at Pantheon Macroeconomics found that AI-related spending accounted for a 0.5 percentage point ...

WASHINGTON (Reuters) -The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...