News

America’s economy performed slightly better in the first quarter than we thought — but it still shrank
The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still ...
‘No doubt’ UK will spend three per cent of GDP on defence by mid-2030s, Healey says
Defence spending at three per cent of GDP by 2034 is a firm commitment, John Healey has said. The government has previously ...
America could be scaring itself into a self-inflicted recession, CIO says
Doug Ramsey says deteriorating consumer sentiment is a sign that the US risks a "self-fulfilling confidence collapse." ...
Prime Minister defies calls from the US for Australia to hike defence spending
Prime Minister Anthony Albanese has defied calls from the US for Australia to hike defence spending. It comes as Australia ...
essanews.com on MSN3d
US economy faces contraction: GDP down, dollar weakens
The United States Bureau of Economic Analysis has published an estimate regarding economic growth. The gross domestic product ...
A slowdown in tariff-fueled spending may be the next stumbling block for the US economy
US consumers went on a shopping spree earlier in the year to get ahead of tariff-induced price hikes, but that tailwind is ...
El Mundo on MSN2d
The US economy contracted by 0.2% in the first quarter, less than estimated
This figure contrasts with the 2.4% expansion observed in the fourth quarter of 2024. The Gross Domestic Product (GDP) of the ...