California has slipped a notch in the bragging-rights totem pole to the world’s fifth-largest economy in the latest update on global business output. Will tariffs slow the U.S. economy in 2026?
The state’s $4.215 trillion in business output was the nation’s No. 1, and topped globally only by the U.S., China, and Germany.
A new IMF report exaggerates the gloomy economic backdrop, but there are valid reasons for policymakers to be glum ...
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