Capitalism’s operating system is due for a major upgrade. How that turns out depends on enormously consequential political choices.

The World Bank reduced its growth forecast for the global and U.S. economy to the weakest pace for global output since 2008, citing trade war disruptions sparked by President Trump.

The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes.

The U.S. economy will experience sluggish growth in 2025 due to an escalating trade war and "high levels of policy uncertainty," the International Monetary Fund said in a report Tuesday.

The World Bank warns the 2020s may see the weakest economic growth since the 1960s. The organization cites tariffs as a major factor that could hinder global GDP growth. Restoring trade relations ...

A new report by the World Bank claims global economic growth could slow to its weakest level since the 1960s. The report pointed to an environment of trade obstacles and tariff policy uncertainty ...

In its quarterly outlook on the world economy, the International Monetary Fund projected slower economic growth for the world, including the U.S., in the wake of President Trump’s tariffs. Photo ...

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3% Citing "a substantial rise in trade barriers," the 189-country lender predicted that the U.S. economy ...

WASHINGTON — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a ...

U.S. economic growth will slow to 1.6% this year per an Organization for Economic Cooperation and Development forecast.

The International Monetary Fund predicts "significantly slower" economic growth on a global scale than what it predicted in January of this year, saying tariffs and the trade war are causing too ...