The US economy contracted for the first time in three years to start 2025, as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau of Economic Analysis's advance ...

The US economy shrank again in the second quarter, the Bureau of Economic Analysis said Thursday. Gross domestic product, a wide-ranging measure of economic activity, fell by 0.9% on an annualized ...

JAKARTA] Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction ...

Recent reports indicate the US economy experienced negative growth in the first quarter, ... US Economy Contracts Despite Stock Market Rally May 01, 2025 — 07:31 pm EDT.

The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in the third quarter, according to the BEA. The Federal Reserve Bank of ...

The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy ...

US GDP shrank 0.2% in Q1, reversing sharply from 2.4% growth in Q4 2024. Continuing jobless claims hit 1.919 million, highest since November 2021. From tariffs to inflation, macro risks are rising ...

The economy contracted in the first quarter for first time since 2020. The trade deficit widened and business stockpiling fell. What to shop first 🛍️ What to know 📋 How to talk money 🤑 ...

THE BIG DEAL— US economy contracts at 4.8 ... “This is the time to use the great fiscal power of the United States to do what we can to support the economy and try to get through this ...

U.S. services sector activity picked up in June as orders rebounded, but employment contracted for the third time this year, underscoring the impact of policy uncertainty on businesses.