With European defense spending surging 17% in 2024 and a NATO goal of 5% of GDP by 2035, capital is now targeting digitally ...

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.

WASHINGTON, June 26 (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 ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Several U.S. states are riding high in the list of top world economies, according to new economic data from the last year. California and Texas ranked in the top 10 economies in the world for 2024, ...

President Donald Trump on Wednesday touted the latest gross domestic product (GDP) data that showed a rebound from the first quarter and also repeated his call for the Federal Reserve to cut interest ...

The U.S. economy is expected to see its strongest quarterly growth of the year in the second quarter of the year, according to Bloomberg consensus estimates. The outlook marks a peak in the current ...

The U.S. economy shrank in the first quarter, but the underlying data show trends under the hood that should dampen recession fears. “Real GDP slipped in the first quarter, and while a decline during ...

As the country grapples with its first economic contraction in three years, a new map showcases the sharp divide in how each state's economy is weathering the 2025 downturn. According to data released ...