The U.S. economy has shown resilience in the face of President Donald Trump’s policies, but the war with Iran has driven up ...
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Q4 U.S. GDP (second estimate): +0.7%, annual rate, vs. +1.4% in the first estimate and +4.4% in the prior quarter.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
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.
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 ...
The economy unexpectedly contracted at a 0.3% annual rate in the first quarter of 2025, a preliminary reading dragged down by a historic increase in imports as families and businesses try to get ahead ...