A steep pullback in federal spending was a significant drag on economic growth. Source: axios.com

Cuts across the country’s corporate giants have prompted Danes to put away their wallets Source: bloomberg.com

Restoring Venezuela’s oil economy might include an oversupply of extra-heavy crude that U.S. Gulf Coast refiners are struggling to absorb Source: qz.com

As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of potential productivity gains. Source: nytimes.com

In a new book, economist Eswar Prasad argues that globalization and populism have entered a destructive feedback cycle. Source: bloomberg.com

U.S. economic growth likely slowed to a still-solid pace in the fourth quarter because of disruptions from last year’s government shutdown and a moderation in consumer spending, though tax cuts and investment in artificial intelligence were expected to drive activity this year. Source: reuters.com