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 ...
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 ...
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 ...
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.
For The First Time Since 2022, The Economy Is Shrinking
The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first ...
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 ...
Social Media Isn’t Buying Trump’s Excuse For Bad Economy Stats
One person noted that if the president is blaming the current situation on Joe Biden, then, “is he actually admitting that ...
The Economy Just Shrank. Are We In A Recession?
The U.S. economy contracted in the first quarter, but it takes more than one bad quarter of GDP for a recession to officially ...