First-quarter GDP growth was revised up a tenth of a percentage point to a 1.4% seasonally adjusted annual rate in the Bureau of Economic Analysis’s third and final estimate published Thursday. The ...
The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...
FILE - Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File) MANHATTAN (CN) ...
The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump's tariffs and a slowdown in consumer spending.
President Donald Trump's aggressive moves to remake the U.S. economy during the first three months of his second term are having a huge impact - and it will probably prove to be a very negative one ...
Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid Update. The Rapid Update, ...
The US economy shrank at a 0.5% annual pace from January through March as President Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of ...
The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an ...
Eurozone GDP rose a better-than-expected 0.4% in the first quarter, but the preliminary data for the second quarter shows that some weakening is in the offing. First quarter growth was likely driven ...
OTTAWA, May 30 (Reuters) - Canada's economy grew faster than expected in the first quarter, data showed on Friday, primarily driven by exports as companies in the United States rushed to stockpile ...