MSNBC’s Ali Velshi bashed journalists a second week in a row, this time for not taking “45 seconds” to determine that the positive GDP news this week was nothing to be excited about because, he said, ...

Most economists like talking about the very popular metric GDP (aka, gross domestic product). It’s not so much about how effective the metric is in capturing the overall economic conditions, but ...

The Commerce Department reported the U.S. economy contracted by 0.3% in the first quarter of this year. We’ll break down the GDP math formula and dig into what the latest report says about where the U ...

California in 2024 claimed the world’s fourth-largest economy, by some curious math. Whether the state remains at this high, bragging-rights perch is very much in doubt. California businesses produced ...