Musk and Lutnick want to measure GDP minus government. It’s already done and makes little difference.
That echoes a recent message from Elon Musk on, X, the social-media service he owns, in which the unofficial head of the ...
Trump's first quarter of GDP is looking shaky. His allies are already trying to shoot the messenger.
Ernie Tedeschi, the chief economist of the White House Council of Economic Advisers under former President Joe Biden, pointed out that transfer payments from the government - Social Security, food ...
Jobs Data, Tariffs Deadline, Ukraine Likely to Add to Economic, Market Uncertainty
But this week’s round of reports on the state of the labor market may show what effect the new administration of Donald Trump has had on job growth. The highlight will come Friday when the Labor ...
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product ...
US Commerce Secretary wants to remove government spending from GDP
U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...
What Trump Aims to Achieve With His Tariff Plans
After promising during his election campaign to put import taxes back at the center of US economic policy, President Donald ...
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Even in Philly, some support Trump’s mass firings
The Trump administration’s mass firings of federal employees last week sparked anguished denunciations from the affected workers and many others in Philadelphia.
What Trump can – and cannot – do to make US manufacturing great again
In some sectors, the US has the power to transform global supply chains. In others, its efforts are likely to prove futile In ...