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The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices ...
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government ...
The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
According to the Commerce Department, the GDP figure was driven by a wider trade deficit, caused by a wave of imports that ...
This was sharply below the market consensus estimate of 0.4 percent growth, according to Briefing.com, and marked the first ...
The American economy contracted by 0.3% on an annualised basis in the first quarter of 2025, marking a stark contrast to the ...
U.S. stock futures point to a lower open after rising Tuesday on hopes trade deals are getting done and Trump's tariff plan ...