Photo of International Monetary Fund Managing Director Christine Lagarde

World Economy Forecast to Slow in 2019 Amid Trade Tensions

DAVOS, Switzerland — The world economy absorbed more bad news Monday: The International Monetary Fund cut its growth forecast for 2019. And China, the world's second-biggest economy, said it had slowed to its weakest pace since 1990. "After two years of sol...
Photo of newstand with a magazine featuring Donald Trump on the cover

That 6% Growth Trump Predicted? It Won’t Happen This Year.

Think back to December. Two weeks before Congress passed the Republican tax-reform bill, President Donald Trump predicted that, with tax cuts in place, the American economy would grow by as much as 6%. It's clear now that Trump's data-defying boast won't...