The United States economy may shrink by 8% of gross domestic product (GDP). This will happen if US President Donald Trump succeeds in deporting all illegal immigrants from the United States, Bloomberg reports.

Donald Trump has vowed to turbo-charge the U.S. economy, but it’s been expanding well above its typical speed for more than two years and it probably finished 2024 with another burst of strong growth.

Though Trump is set to reshape the future of AI in America, there's another corporate investment set to take off under his leadership.

During his first week in office, President Trump issued a barrage of executive orders, signing sweeping directives on immigration, D.E.I., energy policy, trade, TikTok and more. The blizzard of activity — some of which is bound to be challenged in court — was overwhelming. Here’s our cheat sheet.

In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.

Here are five economic forces that could shape the first year of Trump’s presidency: Whipping inflation is easier said than done.

P resident-elect Donald Trump will take the oath of office on Jan. 20 against a troubling fiscal backdrop. Since his first inauguration eight years ago, federal debt held by the public has doubled from $14.

Trump has said members of the military alliance should spend 5% of their gross domestic product (GDP) on defence – a huge increase from the current 2% goal and a level that no NATO country, including the United States, currently achieves. Copyright 2025 Thomson Reuters.

Tariffs proposed by US President Donald Trump will likely stoke prices in South Africa should they go ahead, according to the chief executive officers of two of its largest banks. The newly inaugurated leader's moves will likely cause the dollar to strengthen,

Germany met NATO's target to spend 2% of its gross domestic product on defence in 2024, the government said on Monday, though well short of incoming U.S. President Donald Trump's call for as much as 5%.

The premier of the Canadian province of Prince Edward Island warned during a visit to New Hampshire against the danger of increased taxes on trade between the United States and Canada.

U.S. President Donald Trump on Thursday said he was not sure the United States should be spending anything on NATO, telling reporters the U.S. was protecting NATO members, but they were "not protecting us.