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 ...
U.S. economic growth slowed sharply in the first quarter of 2025 as businesses rushed to stockpile goods ahead of President Trump's sweeping tariff policies. The nation's gross domestic product — the ...
The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an ...
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid Update. The Rapid Update, ...
FILE - Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File) MANHATTAN (CN) ...
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GDP shrinks for first time in 3 years as Trump tariffs trigger record trade deficit. Tip of the iceberg?
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 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 ...
Free Expression: After a meeting at the Vatican, Donald Trump toughens his rhetoric toward Vladimir Putin’s Russia. The first-quarter decline in the U.S. economy reported Wednesday may not portend a ...
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Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says
U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. Excluding these ...
Trade-related distortions in the first-quarter GDP report released on Wednesday "will work in the opposite way in Q2, significantly reducing the odds of back-to-back GDP declines," according to FHN ...
OTTAWA, May 30 (Reuters) - Canada's economy grew faster than expected in the first quarter, data showed on Friday, primarily driven by exports as companies in the United States rushed to stockpile ...
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