As the government’s overall budget is in deficit (to the tune of around 4.5% of national income in 2025/26), it is true that ...
The idea that defense spending should somehow be a consistent percentage of GDP is as fallacious as it is wasteful. Consider a recent Washington Post editorial. It oddly asserted that “Throughout the ...
Total demand in the economy is determined by monetary policy, not technological change. Two widely read essays in recent weeks have warned that artificial intelligence will do more than eliminate jobs ...
2026 is going to be a very dynamic year because of the influence of government policy on both consumers and consumer companies. Retail sales are growing about 4%, that's in line with the pre-COVID ...
Caring for an entire population is expensive—caring for an aging population even more so. This is the conundrum facing the U.S. government over the coming decades, with the number of people age 65 and ...
European defense spending increased at a record pace in 2025, outpacing Russian military outlays amid a broader slowdown in global expenditures on the armed forces, according to a new assessment.
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Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...
As the prices of certain grocery items remain elevated in many parts of the country, Americans keep looking for money-saving hacks, including a straightforward approach that's all about bringing home ...
Japan’s economic output in the fourth quarter of 2025 was much weaker than expected, registering anemic growth after a deep contraction in the previous period, underscoring the case for Prime Minister ...
Retail sales in the US were unexpectedly flat during the December holidays, suggesting a pullback among consumers and raising questions about a broader economic slowdown. The report, released on ...
Tech's megacaps announced major increases in capex for 2026, with the four hyperscalers now expecting combined spending of close to $700 billion. Reaching those numbers is going to mean a big drop in ...