It was a rare bit of stellar economic news. The Commerce Department revised Gross Domestic Product upward last month, saying the broad measure of the economy grew at an annual rate of 3.3 percent for ...

ZAA NKWETA, PRESENTER: Forty years ago, Senator Robert Kennedy gave a speech in which he questioned using the GNP as an indicator of economic prosperity in America. (AUDIO CLIP BEGINS) ROBERT KENNEDY: ...

Okun’s Law is sensitive to measured unemployment, not to underemployment or informality. In MENA, this distinction is decisive. Employment can rise while poverty persists and GDP stagnates, creating ...

The dollar remains on an uptrend this morning despite disappointment surrounding earlier third quarter GDP data showing that the economy rebounded less vigorously than was first expected. Nevertheless ...

- Canadian annualized GDP grew at a decelerating pace in the 4 th quarter: 1.7% vs 2.0% estimated - Household consumption exhibits signs of weakness while investment remains strong - USDCAD doesn't ...

A sharp decline in defense spending led the U.S. economy to contract at the end of 2012 by 0.1 percent, but it did little to change the fight over further cuts to the Pentagon set to begin in March.

The coronavirus pandemic ravaged the stock market when it first appeared back in February, and many suggested that it would be even worse for the global economy. These fears were well founded, as the ...

The GDP report doesn't give stocks enough reason to build on their recent gains. That's particularly the case after a very strong month for stocks that has pushed the broad indexes into record ...

Markets are left a bit nonplussed by the slightly weaker-than-expected first reading of 2Q GDP, with stock futures lower, Treasurys  up and the dollar losing a bit of ground. The Commerce ...

China’s latest gross domestic product (GDP) data has failed to placate fears over the health of the world’s second-biggest economy. Despite beating market expectations, the communist giant’s worst ...

Considering that it’s the basic yardstick by which we measure the health of our economy, gross domestic product (GDP) is pretty flawed. Critics have pointed out for decades that GDP fails to measure ...