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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 contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by ...
Gold prices pared some losses on Wednesday as bets that the U.S. Federal Reserve will cut rates rose after ...
U.S. gross domestic product (GDP) shrank during the first quarter of 2025 as a surge of imports ahead of President Trump’s ...
The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.
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US GDP drops amid tariff stockpilingT he latest US GDP report revealed a significant drop in economic performance, suggesting that America’s economy might be even weaker than it looks. During the first quarter of ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...
Bitcoin market commentators hope that BTC will avoid the "lose-lose" scenario for the US economy based on GDP data.
The survey was, however, concluded before data on Tuesday showed the goods trade deficit surged to an all-time high in March ...
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
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