Imagine waking up tomorrow and discovering that every price in the economy has snapped back to what it was in 2020. Gas.

When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...

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 ...

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 ...

BRASILIA, March 3 (Reuters) - Brazil's economy shrank by 4.1% last year due to the coronavirus pandemic, its worst drop in decades, data showed on Wednesday, as a devastating second wave of COVID-19 ...

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 ...

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 ...

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 ...

ISLAMABAD, Jan 20 (Reuters) - Pakistan has revised up its economic growth rate for 2020-21 to 5.37% from 3.9%, the minister for planning and development said on Thursday. "The growth in 2020-21 was ...