The government said that first-quarter gross domestic product fell by 0.5%, more than economists had predicted.

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

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 ...

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in ...

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

This year's NATO’s summit has been described as "transformational" and “historic" | Here are some of the takeaways ...

As President Trump pushes European allies to spend 5 percent of GDP on defense — something the U.S. has not done since 1990 — ...

The U.S. economy contracted more than previously estimated in the first quarter, new government data showed. Gross domestic product—a broad measure of goods and services produced across the ...

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 ...

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