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The U.S. economy shrank for the first time in three years during the first quarter of 2025, according to new data reported on Thursday. US Economy Contracts 0.3% for First Time in 3 Years Skip to ...
Investors are the most pessimistic they've been on the economy in 30 years, per Bank of America. They're also gloomy on the market, with a record share of investors planning to pare stock holdings.
Trump's tariffs would also reduce the size of the US economy by about 0.06 percentage points per year on average and cause a 0.4% spike in total inflation for 2025 and 2026, the CBO noted.
The US economy added a stronger-than-expected 228,000 jobs in March, a significant increase from February’s downwardly revised gains of 117,000, according to Bureau of Labor Statistics data released ...
Last week, he announced plans to hike the tariffs on steel and aluminum imports to a punishing 50%, a move that’s set to hammer businesses and likely push up prices for consumers even further ...
Last week, he announced plans to hike the tariffs on steel and aluminum imports to a punishing 50%, a move that's set to hammer businesses and likely push up prices for consumers even further. The ...
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing ...
Last week, he announced plans to hike the tariffs on steel and aluminum imports to a punishing 50%, a move that’s set to hammer businesses and likely push up prices for consumers even further ...