Apex policy making body for direct taxes, Central Board of Direct Taxes (CBDT) has said that the circular on the application of the Principal Purpose Test (PPT) provision under India’s Double ...

In jacking up his tariffs on China—and pausing steep duties on dozens of other nations—President Trump is pushing the world’s two biggest economic powers into a battle that will leave ...

Recessions are caused by economic shocks that affect either the demand or the supply of goods and services. President Donald Trump’s policy choices target both supply and demand. This helps ...

Voters are starting 2025 sour on the state of the economy and President Donald Trump’s handling of it so far, even as his election to a second term sparked an upswing in positive feelings about ...

To get it in your inbox, sign up for free here. In sum: The solid economy that President Donald Trump inherited is beginning to buckle under the weight of his tariff agenda, which has left ...

Photo: Jim Watson/AFP/Getty Images/Christopher Katsarov Luna/Bloomberg News/Yuri Gripas/Zuma Press Is the U.S. economy headed for a recession? President Trump says he doesn’t know, and he seems ...

The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs. By Colby Smith Just days after President Trump won the 2024 election ...

China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump. The ...

And it could shake up the global economy. "Consumers are rattled," said economist Carl Weinberg to The Guardian. Consumer confidence "plunged to the lowest level in more than four years in March ...

And Mexico’s economy is expected to shrink 1.3% this year and 0.6% in 2026 – a dramatic turn from the previous report, which predicted a 1.2% expansion in 2025 and 1.6% growth next year.

Until March 2024, Ernie was the Chief Economist at the White House Council of Economic Advisers. Prior to CEA, he was Managing Director and Head of Fiscal Analysis at Evercore ISI, a macro ...

(CNN) — Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.