The Czech government has decided to gradually raise its defence spending to 3% of gross domestic product by 2030, from around ...

US stocks rose on hopes that President Donald Trump's latest tariffs would be short-lived, while Asian and European markets ...

The two political parties expected to form the next German government have agreed to significantly loosen the country’s ...

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

Congress has less than two weeks to extend a federal funding deadline, but lawmakers are arguing over whether the White House ...

Social Security remains one of the largest federal spending categories, while net interest on the national debt is the ...

Elon Musk and the Department of Government Efficiency received high praise from President Donald Trump and were pushed to ...

House Republicans are pursuing a stopgap measure to keep the government funded through September, with just 10 days left to head off a shutdown.

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.