latest news in economic growth

OECD Report Reveals Major U.S. Economic Downgrade Due to Trump Tariffs

Paris, Tuesday, 3 June 2025.
The OECD predicts U.S. GDP growth will slow to 1.6% in 2025, highlighting significant economic setbacks linked to Trump’s tariff policies. The nation risks being the primary victim of its trade strategies.

Mayor Bowser's 2026 Budget Proposal Prioritizes Growth Amid Social Service Cuts

Washington, D.C., Friday, 30 May 2025.
Mayor Muriel Bowser unveils a growth-focused 2026 budget, reallocating resources toward economic development while reducing funding for social programs, including cuts to Medicaid affecting 25,000 residents.