Although the delta variant of Covid-19 is taking a renewed toll on the economy of the United States, many industries have recovered quite well since last year. But looking at the long term, U.S.

An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...

Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and private debt decreased in ...

In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already ...

WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s ...

As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...

US health care spending increased 9.7 percent to reach $4.1 trillion in 2020, a much faster rate than the 4.3 percent increase seen in 2019. The acceleration in 2020 was due to a 36.0 percent increase ...

Derek Saul has covered markets for the Forbes news team since 2021. Inflation: Inflation has been far worse during the Biden administration, up 20.1% over the first 45 months of Biden’s term compared ...