We build the first global quarterly narrative database of discretionary government spending actions by applying a fixed GPT–4 ...

TOKYO (Reuters) -Japan's government will pledge in this year's policy guidelines to take "nimble policy action" as U.S. tariffs and high inflation impact household finances, according to a draft seen ...

Investing in the early years is one of the smartest things a country can do to eliminate extreme poverty, boost shared prosperity, and create the human capital needed for economies to diversify and ...

In an attempt to distance itself from the Trudeau government during last year’s federal election, Mark Carney’s campaign ...

Former President Herbert Hoover argued that governments have the instincts of a vegetable — that is, “they keep spreading and growing.” Iowa Gov. Kim Reynolds (R) echoed Hoover when she stated that ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

The S&P 500 (SPX) outlook remains cautiously positive near-term, supported by a $184B private sector surplus and record federal outlays. Fiscal policy is the dominant market driver into 2025–26, but ...