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 ...
President Donald Trump’s global trade war has again distorted the broadest snapshot of the U.S. economy – this time creating a brighter picture. The economy grew solidly in the second quarter but ...
US GDP grew 3.8% in Q2 2025, up from the earlier 3.3% estimate. Consumer spending rose 2.5%, driving much of the growth rebound. Imports fell 29.3%, boosting GDP despite weak business investment.
Warnings of a bifurcated US economy are emerging from Wall Street to corporate America as younger and lower-income consumers feel the strain.
Africa’s economy is projected to reach a total GDP of $2.8 trillion by the end of 2025, up from approximately $2.3 trillion in 2023, according to the latest estimates from the International Monetary ...
Canada's economy contracted in the second quarter by 1.6% as U.S. tariffs on Canadian imports of steel, autos and lumber ...