Brazil’s minimum wage has risen steadily since the COVID-19 pandemic, backed by a revived policy that anchors wage increases to inflation and GDP growth. Yet even with an annualized value of just R$18 ...

In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economy, that’s not a lot. But on the margins, economists say it can ...

Is Nigeria a rich or poor country? Explore Nigeria's economic paradox: Africa's largest GDP yet 63% poverty rate, comparing wealth indicators across Africa.

The OECD forecasts real GDP growth below 1%—far short of the 5% needed to absorb ... Over 55% of citizens survive below the ...

With an estimated population of over 22 million and a landmass of just 3,575 square kilometres, Lagos currently has Nigeria’s highest vehicle density, with about 1.2 million registered vehicles. This ...

The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from ...

There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI.

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ...

America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. But hiring is at a standstill, inflation is rising, loan defaults are abundant and Americans ...

The Congressional Budget Office estimates that the ongoing government shutdown, which began on Oct. 1, could result in a ...

The Congressional Budget Office issued projections Wednesday for three different scenarios about the length of the government ...