Global government borrowing is expected to reach a record $12.3tn this year, as a rise in defence and other spending by major economies and higher interest rates combine to push up debt levels.

By John Hood Every citizen who meets the basic requirements — adulthood, residency and the completion of sentence after a felony conviction — can cast a ballot in North Carolina. There’s no test of ...

Taiwan's defense minister says the island is planning to boost defense spending in the face of the “rapidly changing international situation and the escalating threats from adversaries.” ...

America’s GDP is forecasted to fall 2.8% in Q1, according to the Atlanta Federal Bank’s GDPNow model — potentially leading to ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

As President Donald Trump prepares to deliver his second Address to a Joint Session of Congress on Tuesday night, he faces a ...

President Donald Trump’s senior aides and allies lashed out at Ukrainian leader Volodymyr Zelenskyy from Washington as he ...

One bright spot from Trump's shameful behavior in the Oval Office would be if it spurs European nations to shoulder more of ...

Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...

For the past three years, the Russians have been spending 10% of their GDP on defense,” Macron told the French Le Figaro outlet. “We need to prepare for what comes next, with an objective of 3% ...

He's written hundreds of stories breaking down complex financial topics in plainspoken language, emphasizing the impact that economic currents would have on individuals' finances and the market. He's ...

Rosenberg, a former Merrill Lynch economist who now runs his own market-research firm, Toronto-based Rosenberg Research, has been called a "permabear" on stocks, but in truth he's a realist who states ...