The US still dominates the global economy as the richest country in the world with a gross domestic product of $29 trillion — ...

A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.

The latest GDP report reveals a 0.3% contraction in the US economy, raising concerns about potential recession risks. As the ...

President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as ...

The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by ...

Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's ...

Follow here for live coverage and analysis of the latest economic data. Two major reports are due today: GDP and PCE ...

Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.

Weakening travel demand, fueled by trade war uncertainties and anti-American sentiment, threatens to erase billions from the ...

Financial markets have bounced back after the chaos and confusion of 'Liberation Day', on optimism that trade deals will be ...

GDP printed at -0.3%, below market expectations, due to companies stocking up ahead of Trump's tariffs, impacting Net Exports ...

The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP ... more than the 0.2% decline expected by economists surveyed by Bloomberg.