The economy expanded at a 3.3% annual pace between April and June as GDP rebounded from a sharp slowdown in the first quarter ...

U.S. Treasury Secretary Scott Bessent is doubling down on the potential economic upsides of the tariffs, predicting massive ...

The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a more significant drop in consumer spending.

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.

The U.S. economy grew faster than initially thought in the second quarter, in part driven by business investment in ...

The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3% in the second quarter of the year.

The U.S. gross domestic product was revised slightly upward, according to the second estimate released by the U.S. Bureau of Economic Analysis Thursday.

As President Trump pushes European allies to spend 5 percent of GDP on defense — something the U.S. has not done since 1990 — the bar has been set to produce disappointment.