U.S. Treasury Secretary Scott Bessent discusses the transition from public to private spending, calling it a necessary 'detox period' to achieve sustainable economic balance. Bessent highlights ...
“Despite elevated levels of uncertainty, the US economy continues to be in a good place,” Powell said at an event hosted by the University of Chicago. “Sentiment readings have not been a ...
Investing in institutions that foster access to arts and education drives our economy forward for a stronger community. We hope to see you at OKMOA’s eightieth anniversary exhibition and ...
So when they aren’t spending because they’re unemployed or their hours have been cut back dramatically, that trickle spreads out throughout the economy. It’s called the multiplier effect. And so when ...
and a 10% additional tariff on imports from China under the International Emergency Economic Powers Act (IEEPA) to address illegal migration and fentanyl trafficking, according to the White House ...
Fast-forward to now, and President Trump has announced that he is implementing a 25% additional tariff on imports from Canada and Mexico, and a 10% additional tariff on imports from China under the ...
Global Citizen’s Move Afrika initiative took center stage in Lagos, marking a pivotal moment for Africa’s creative economy. As the first pan Global Citizen’s Move Afrika initiative took ...
The United States upholds its status as the major global economy and richest country, with a GDP of over $30.34 trillion as of 2025, steadfastly preserving its pinnacle position from 1960 to 2025.
That’s raising questions on what America’s souring economic mood means for spending, hiring and the future of the world’s largest economy. “The kinds of changes that are occurring under ...