An economic sector groups businesses by similar activities. Learn what an economic sector is, how the four main types work, ...

When Ireland's GDP figures for 2025 came in, a startling 12.3% in real terms, many spoke of a fresh economic miracle. The number, taken at face value, looks extraordinary: no advanced economy grows in ...

If news about inflation, trade, the Federal Reserve and jobs has you confused and you’re not sure what to make of the US economy, don’t worry: You’re in good company. But this week offered a ton of ...

A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

One week the economy is booming. The next week it's collapsing. Sometimes, it seems like both things are happening at the same time. Welcome to 2026. For years, economists talked about the "K-shaped ...

Cuba explained: the one-party system, four exchange rates from 24 to 730 pesos per dollar, blackouts, the exodus and what ...