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The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government ...
U.S. real gross domestic product (GDP) decreased at a rate of 0.3% in the first quarter of 2025, according to statistics ...
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau of Economic Analysis' advance ...
Bitcoin fell after a report indicated that the U.S. economy contracted for the first time in three years, adding to recession ...
The US economy unexpectedly contracted by 0.3% in the first quarter of 2025, falling short of expectations. This downturn is attributed to a surge in imports ahead of President Trump's new tariffs ...
Recent reports indicate the US economy experienced negative growth in the first quarter, creating a stark contrast with the ...
Stock markets retreated into the red Wednesday after the US economy contracted in the first quarter, a stark reminder of the ...
WASHINGTON (Reuters) – The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood ...
The U.S. economy shrank for the first time in three years during the first quarter of 2025, according to new data reported on Thursday.
The US economy contracted by an annualised 0.3 per cent over the first quarter, as companies in the world’s largest economy responded to Donald Trump’s trade war by rushing to import goods.