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US Economy Contracts for the First Time Since 2022
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, the nation was soon outpacing rivals in a return to growth.
The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as ...
The gross domestic product reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
'Fast Money' traders react to the U.S. GDP showing signs of contraction and what it means for the markets. On July 11, It ...
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 ...
The U.S. economy contracted in the first quarter, but it takes more than one bad quarter of GDP for a recession to officially ...
Follow here for live coverage and analysis of the latest economic data. Two major reports are due today: GDP and PCE ...
What’s driving it: Tariff fear, most significantly. Uncertainty around Trump’s policies upended spending and drove a dramatic ...
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
CNN’s Boris Sanchez asks Chief market strategist Art Hogan if former President Joe Biden is to blame for the latest decline ...
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