Expansionary fiscal policy is commonly used during a recession as a government tool to stimulate economic activity.

The local note rises to 4.4230/4.4375, as the US Federal Reserve appears unlikely to reduce rates anytime soon.

The pizza chain’s shares surged after the company announced it would shutter hundreds of dud stores. But is the market too ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

President Donald Trump with Fed Chair Jerome Powell in 2017. Saul Loeb/AFP/. President Trump isn't focused on getting the Fed ...

Closing a recessionary gap requires careful fiscal management, balancing short-term economic stimulation with long-term ...

CITU protests pro-corporate Union Budget 2025-26, criticizes FDI increase, privatization of critical sectors, and neglect of ...

President Bola Tinubu on Wednesday wrote to the National Assembly requesting an increase in the 2025 budget from N49.7 trillion to ...

ASTANA— The International Monetary Fund (IMF) projects Kazakhstan’s economic growth to stabilize at approximately 3.5% in the ...

Kenyan business conditions improved further as 2025 began, according to the Stanbic Bank Kenya PMI®, with expansions ...

France is all but prohibiting the sale of over-powered, gas-guzzling SUVs and cars. It is taking full aim at over-sized hunks ...

A two-state solution? Been there done that. Israel was state one, Gaza was state two. Gaza was under the armed political ...