In August, Renaissance Macro Research estimated, to date in 2025, the dollar value contributed to GDP growth by AI ...

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where ...

Investment in data centers and information processing technology has taken center stage in the growth of the US economy this year, setting new benchmarks and prompting ...

Rep. Don Bacon (R-NE) joined CNN’s Phil Mattingly this week to discuss President Donald Trump’s firing of the head of the Bureau of Labor and Statistics over a jobs report the president did not like.

Rep. Don Bacon (Neb.), a moderate Republican, said he’s concerned about the U.S. economy, noting his state saw a 6 percent annual drop in real gross domestic product (GDP) in the first quarter of 2025 ...

Including the U.S., the alliance is expected to spend around US$1.6 trillion on defense in 2025, up from $1.45 trillion in 2024.