Gross Domestic Product

China's zooming economy may feel the crunch in coming years as its workforce ages and productivity slips, potentially dragging down the global economy, according to a recent study. In a worst-case scenario, economic growth in China could drop to less...

WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...

You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?" The joke needs...

WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration. The nation's gross domestic product, or the...

WASHINGTON (AP) — An ax is scheduled to hit the federal budget Friday: Unless the White House and Congress reach a budget deal by then, automatic cuts will carve $85 billion out of the budget through Sept. 30 and $1.2 trillion over the next decade....

WASHINGTON -- With just a few days to go before new government spending cuts are set to take effect, what are the chances that another eleventh-hour action will avert the latest impending hit to the economy? Very little, according to a survey of...

WASHINGTON -- How big is the national debt? You'd think this would be an easy question. Surely we know how much the government owes. Unfortunately, it's not that simple. The true national debt could be triple the conventional estimate, anywhere from $11...

WASHINGTON -- President Obama and Democrats want more jobs. So do Republicans. Heck, everyone does. Yet, job creation is weak. It's true that the economy has generated 5.5 million jobs from its low point. Still, there are 3.2 million fewer jobs now than...

The most ironic part of the partisan fight over the "fiscal cliff" is that, if Republicans want Barack Obama to act according to Republican principles, they should encourage the president to do nothing and simply let the country — and the...

For the last two years we’ve heard the same mantra from the GOP and its mouthpiece, FOX News: “We have a spending problem, not a revenue problem.” It’s usually said with solemnity and sometimes a hint of compassion, as if the...

 WASHINGTON — With his chronically gravelly voice and relentlessly liberal agenda, Sherrod Brown seems to have stepped out of "Les Miserables," hoarse from singing revolutionary anthems at the barricades. Today, Ohio’s senior senator has a...

I would like to respond to your editorial "Canada cool," (Feb. 4). You believe two key factors — bank regulation and stable housing market — are the keys to Canada's economic "success."  However, you failed to mention what the two countries...