The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's import taxes at least ...

The U.S. economy shrank by 0.5% in the first quarter of 2025, between January and March, as two earlier estimates were ...

The US economy contracted in the beginning of the year at a much faster pace than previously reported, as tariff fears took a much greater toll on economic growth.

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic as outlays for recreation ...

Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...

First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists. GDP contracted by 0.5 percent on an annualized basis, 0.3 ...

Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...

President Trump has pressed allies to spend more on defense. Leaders agreed that “allies” — but not “all allies” — would meet ...

Nearly all members of the transatlantic alliance agree to spend 5% of their gross domestic product on defense — a priority of ...