President Trump, you surely could not have wanted your partial government shutdown, your tariffs, your corporate tax cuts and your war on undocumented immigrants to hobble economic growth and to hurt farmers, factory workers, airline passengers, government contractors, retailers, Coast Guard members and F.B.I. agents. But the economy can take only so many bad policies. A $19.4 trillion economy is losing momentum as fast as your approval ratings.

It looks like Europe is heading into recession, multiple economists say. Germany and Italy may already be in "technical recession." The tragedy is that the contraction is being helped along by a deliberate political choice made by Europe's own governments: Their effort to rein in deficit spending, to cut fiscal stimulus, and to balance their budgets in the 10-year aftermath of the 2008 financial crisis. "Austerity," as it's known, has shrunk the potential size of the European economy and retarded its ability to grow again.

So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just didn't really matter. That's exactly the thinking behind a new school of economic theory that the government should be spending more, not less.

The US national debt has increased by more than $2 trillion dollars since Donald Trump entered the White House, according to new data. Figures released by the Treasury Department showed the debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when Mr Trump took office. The debt stood represented 78 per cent of the US’s gross domestic product (GDP) in the fiscal year 2018, the highest percentage since 1950, analysis by CNN concluded.

There is a tendency for institutions that missed the warning signs before the last financial crisis to over-cook their doomsayer’s warnings as they consider the potential for another one. The International Monetary Fund leads a group of gloomy forecasters that worry about the stability of the global economy amid rising debt levels and slowing GDP growth. How long, they ask, can the expansion seen since the last crash go on before another recession hits?

Economic sanctions, endless wars, and dirty politics has major countries ditching the US dollar in a hurry—which will not end well for the US.

It’s one of the world’s most successful economies — just don’t tell the right-wing government.

There are a lot of compelling reasons to ditch the penny. Here are seven of them.

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.

Poland is one of a handful of economies that have sustained high growth and graduated to high-income country status.

“Few relationships are as vital, under as much pressure, and as poorly understood as that between the United States and the Kingdom of Saudi Arabia” (Bronson, 2006, pp. 2-3). It is also of vital importance for Saudi Arabia – the hegemonic power among the oil producers. “The dimensions of potential incompatibility relate to the very core of Saudi foreign policy. The informal alliance with the United States both strengthens and weakens the Saudi position on most key issues” (Niblock, 2006, p. 143).

Using ratings, competitions and bonuses to incentivise workers isn’t new – but as I found when I became a Lyft driver, the gig economy is taking it to another level. By Sarah Mason.

Although the economy saw new peaks in 2018, not all Americans report reaping the benefits. The majority of workers say they saw no salary increases this year, according to a new survey. More than 60% of Americans said they didn’t get a pay raise at their current job or get a better-paying job in the last 12 months, according to a survey released Wednesday from finance site Bankrate.com.

Jim Rogers, author of “A Bull in China: Investing Profitably in the World’s Greatest Market” and a renowned investor who co-founded the first global investment fund with George Soros in 1973, has made numerous extraordinary predictions about trade market in the past, including the fall of the US dollar. He last predicted the crash of U.S. real estate in 2006 before the subprime crisis happened in 2007. As a pioneer of investment in China’s shares in the 90’s, Rogers has an extensive understanding of the red dragon economy and believes some Chinese industries have a rich future ahead.

Stock buybacks are eating the world. The once illegal practice of companies purchasing their own shares is pulling money away from employee compensation, research and development, and other corporate priorities—with potentially sweeping effects on business dynamism, income and wealth inequality, working-class economic stagnation, and the country’s growth rate.

A measure of U.S. consumer confidence posted its sharpest decline in more than three years in December, rattling investors already nervous about the prospect that a global economic slowdown was spilling over into the United States. In a sign households were growing more worried about the economy, the Conference Board on Thursday said its consumer confidence index fell this month by 8.3 points to a reading of 136.4, the largest one-month drop since July 2015.

U.S. employers added 312,000 jobs in December, blowing past Wall Street’s expectations for an increase of 177,000 jobs, even on the heels of a tumultuous month for the markets that saw the Dow Jones Industrial Average and S&P 500 post their worst performance since the Great Depression. The unemployment rate rose to 3.9 percent, while the labor force participation rate also rose slightly to 63.1 percent from 62.9 percent during the month. Average hourly earnings meanwhile rose by 11 cents to $27.48. Over the year, average hourly earnings have increased by a total of 84 cents, or about 3.2 percent.

Americans have felt relatively more pain from President Donald Trump's trade war than Chinese consumers and businesses, according to analysts at HSBC. Studies of trade-war impacts by the International Monetary Fund and the European Central Bank found the "likely impact on the US economy to be significantly more negative than on China," the analysts Janet Henry and James Pomeroy said in a research note. "Whereas China has been benefiting from strong import demand in most of its other trading partners except for the US (and Germany, due to cars)," they said, "the US has not."

Economists traditionally dominate policy making in Washington, but they don’t have all the answers. Sociologists have a lot to teach us.

Concerns including a US-China trade war, Federal Reserve interest-rate policy, and a slowdown in global growth led to a wave of heavy selling.

The company has been battling its store owners for years. It seems to have found a new tool: U.S. immigration authorities. By Lauren Etter, Michael Smith.

Al Gore, the former U.S. Vice President and co-founder of Generation Investment Management, continues to ring the alarm that climate change and environmental damage is a global emergency. “This is the biggest challenge we’ve ever faced,” Gore said at the Summit LA18 festival. “Nuclear war is the only one in the same category, and we’ve held that at bay pretty successfully. This is an existential threat to our civilization and potentially our species.”

A steep and rapid rise in tourism has left behind a wake of economic and environmental damage in cities around the globe. In response, governments have been responding with policies that attempt to limit the number of visitors who come in.

A toxic combination of slow wage growth and skyrocketing rents has put housing out of reach for a greater number of people.

A torrid U.S. economy blazed a 3.5% pace of growth during the summer and boosted corporate profits to the highest rate in six years, fresh government figures show. The increase in gross domestic product — the official measuring stick of the economy — was unchanged from the original finding. Economists polled by MarketWatch had forecast third-quarter GDP to be revised up to 3.6% annual rate.

In May, when President Trump announced new tariffs on steel and aluminum imported from Canada and Mexico, Chris Pratt, the plant manager at Mid-Continent Nail, the largest nail manufacturer in the U.S., was caught in a bind. Poplar Bluff, Missouri, Mid-Continent’s home, is a sprawling town of seventeen thousand on the eastern edge of the Ozarks, a two-and-a-half-hour drive south of St. Louis. It’s a quiet place and notably conservative.

Russia has banned the ubiquitous street displays of the currency’s value, and perhaps nostalgia, to hide any hint of weakness. By Leonid Bershidsky. (Dec. 20, 2018)

Global stock markets fell on the first trading day of 2019 on deepening fears of a slowdown in the Chinese economy, extending a turbulent period for equities. The Stoxx Europe 600 was down 1% in Wednesday midmorning trade. France’s CAC 40 lost 1.8% and the U.K.’s FTSE 100 fell 1%. U.S. stock futures pointed to opening falls of 1.4% and 1.5% for the S&P 500 and the Dow Jones Industrial Average, respectively.

Don’t buy the oily declarations from the tech billionaires and others that they want to help you survive financially. What they want is to more fully stuff their own pockets. By Chris Hedges.

Last week, we visited the city to find further signs of recovery as Detroit moves out from under budgetary oversight.

California's economy has surpassed that of the United Kingdom to become the world's fifth largest, according to new federal data made public Friday.

Lately, most Americans, regardless of their political leanings, have been asking themselves some version of the same question: How did we get here? How did the world’s greatest democracy and economy become a land of crumbling roads, galloping income inequality, bitter polarization and dysfunctional government?

Prime Minister Abiy Ahmed also announces the liberalisation of parts of the economy.

He also suggested that there be no trade barriers of any kind among the G7.

Some big ideas are starting to percolate. But less dramatic ones might work, too.