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.
Real GDP increased at an annualized rate of 2% in the first quarter of 2026, just below the forecast.
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 ...
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 ...
The U.S. economy contracted less than initially thought in the first three months of the year as an increase in imports, slowing consumer spending, and a downturn in government spending were partly ...
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's ...