Simultaneously, these higher costs can lead to cuts in business investment and consumer spending, potentially slowing economic growth and leading to layoffs—the very definition of stagflation.

Before he sent the global economy into turmoil on his so-called “Liberation Day,” Trump promised that “April 2, 2025, will ...

The World Socialist Web Site has encountered many workers who are confused by the promotion of economic nationalism by UAW President Shawn Fain, who claims that the tariffs on imported autos and ...

The UK Supreme Court's landmark ruling limiting the definition of a woman to biological sex stirred outrage among the stars of BBC’s "RuPaul’s Drag Race UK," who pledged to "fight back ...

Photo: Chris Kleponis/Pool via CNP/Zuma Press Imagine you didn’t follow the news or social media and watched the world only through economic data. You would not have guessed the White House ...

The new kid on the block, so to speak, is a result of the recent enactment of Republic Act No. 12145, which reorganized the decades-old National Economic and Development Authority into the DepDev.

Members of the United Auto Workers (UAW) Union approved a new six-year deal on Wednesday, with a 61% vote of approval. According to KWWL in Waterloo, Iowa, 39% of the members voted against the new ...

GENEVA (AP) — Klaus Schwab, the founder of the World Economic Forum, best known for hosting an annual meeting of political, business and other elites in the Swiss Alpine town of Davos ...

President Trump is relying on a cast of economic advisers with differing viewpoints and backgrounds as he implements a sweeping tariff agenda that has rattled financial markets and occasionally ...