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The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by the Bureau of Economic Analysis.
Another key measure of the economy's health — known as final sales to private domestic purchasers — also rose 3% in the first quarter, edging up from 2.9% in the previous three months.
WASHINGTON, May 29 (Reuters) - U.S. corporate profits fell sharply in the first quarter and could continue to be squeezed this year by higher costs from tariffs that are threatening to undercut ...
US economy shrinks 0.3 per cent in first quarter of 2025, but Trump blames Biden not tariffs Topic: Economic Trends and Indicators Wed 30 Apr Wednesday 30 April Wed 30 Apr 2025 at 3:37pm ...
China beat first-quarter economic growth expectations, but the outlook for the remainder of 2025 remains dim as Beijing braces for the impact of hefty U.S. tariffs. The latest data indicates China ...
Walmart earned $4.45 billion, or 56 cents per share, in the quarter ended April 30, down from $5.10 billion, or 63 cents per share, in the same period last year.