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.
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 ...
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 ...
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First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
Economic growth in the first quarter was just 0.3%, according to CNBC's Rapid Update which tallied the forecasts of 14 economists. The survey also shows Core PCE inflation will remain stuck at around ...
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) ...
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 ...
Eurozone GDP rose a better-than-expected 0.4% in the first quarter, but the preliminary data for the second quarter shows that some weakening is in the offing. First quarter growth was likely driven ...
OTTAWA (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 Canadian ...
According to the flash estimate, eurozone GDP grew by 0.4% in the first quarter. First quarter growth was likely driven by higher net exports in anticipation of US tariffs, although France, where GDP ...
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