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New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive ...
Labor market, consumer spending, and revised GDP data show the economy is facing serious headwinds.
Bhutan’s development thinkers made a passionate call to redefine progress, not in terms of income or infrastructure, but as a deeply personal and collective journey toward peace, balance, and ...
Canada's economy contracted in April on a monthly basis, data showed on Friday, as sectors exposed to tariffs and uncertainty negated a boost from services.
Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter 2024.
US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty Economists expected GDP to contract at a 0.2% rate ...
The Federal Reserve downgraded its projections for U.S. economic performance this year, along with several primary economic indicators. The U.S. central bank sees lower economic growth, higher unem… ...
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest ...
Canada's economy shrank by 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, with the data agency's advance estimate for May showing a similar decline in activity.
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