The economy grew at an inflation-adjusted 1.6% annual rate in the first quarter, the Bureau of Labor Statistics reported Thursday in an updated estimate of gross domestic product. Thursday’s report ...
The U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
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 ...
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.
The U.S. economy has been growing and recession-free for almost six years. The U.S. economy wasn't all that great in the first three months of the year. But it wasn't terrible, either. Gross domestic ...
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
As recession fears reverberate from Washington to Wall Street, Wednesday brought the most comprehensive yardstick yet of the health of the U.S. economy yet as the government released the first ...
Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...
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