News

S&P 500, Dow close out April in the red as economy contracts for first time since 2022
April was one of the wildest months in recent memory for markets, capped off by a key data release that showed the economy ...
U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
US Senate rejects bill to rein in Trump tariffs as economy contracts
An evenly split U.S. Senate rejected the latest bipartisan bid to block PresidentDonald Trump's tariffs on Wednesday, hours ...
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
U.S. Economy Shrank During 2025’s First Quarter As GDP Slipped 0.3%
Real gross domestic product (GDP) grew -0.3% on a quarter-over-quarter, seasonally adjusted annual rate, according to the ...
Trump’s tariffs loom over the economy as shipments from China fall
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy ...
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 ...
The Rush to Beat Tariffs Is Distorting the Economy. It Has Barely Started.
The scramble to get goods to the U.S. ahead of President Trump’s tariffs has already led to huge distortions in global trade ...