Politics Jul 29 WATCH: White House hails latest U.S. GDP figures Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5 percent annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. By Associated Press
World Apr 24 Watch 9:41 Amsterdam’s ‘doughnut economy’ puts climate ahead of GDP Amsterdam is the first city in the world to adopt a radical economic theory that suggests economic growth shouldn’t be the ultimate measure of success. Instead, “doughnut economics” focuses on protecting the environment while meeting citizens’ basic needs. Special Correspondent… By Megan Thompson, Joan Martelli
Economy Jun 25 U.S. GDP fell at 5.0% rate in first quarter, but worse is expected to come The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic. By Martin Crutsinger, Associated Press
Economy Jun 01 CBO projects virus impact could trim GDP by $15.7 trillion The Congressional Budget Office says the U.S. economy could be $15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus. By Martin Crutsinger, Associated Press
Nov 27 U.S. economy grew at a moderate 2.1% annual rate last quarter By Martin Crutsinger, Associated Press The growth was slightly faster than predicted, but many economists say they think growth is slowing sharply. Continue reading
Nov 12 What ending DACA could cost the U.S. economy By Courtney Vinopal DACA has allowed hundreds of thousands of young immigrants to study and work freely in the U.S., allowing them to contribute more to the national GDP and in federal taxes. Continue reading
Sep 18 Watch 7:31 What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on… Continue watching
Sep 10 Is the rise in U.S. corporate debt cause for concern? By Daniel Bergstresser, Econofact SEC chairman Jay Clayton said the U.S. corporate debt of almost $10 trillion, which equates to half of the nation's annual GDP, "should attract our attention."… Continue reading
Aug 29 Watch 10:23 Can an infusion of public R&D investment revitalize a lagging economy? By Paul Solman The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and… Continue watching