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During his campaign last year, President Trump repeatedly attacked former President Joe Biden for his handling of the economy, vowing to boost economic growth and lower inflation. But 100 days ...
Here’s the truth, assuming you still believe in such things: After three years of growth, the U.S. economy shrunk in the first quarter of this year, and it’s all thanks to President Donald ...
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as companies loaded up on imported goods ahead of higher levies.
As President Donald Trump’s oft-changing tariff policies work their way through the economy, fears of a downturn pervade Main Street and Wall Street, with odds of the U.S. facing a recession ...
The economy unexpectedly contracted at a 0.3% annual rate in the first quarter of 2025, a preliminary reading dragged down by a historic increase in imports as families and businesses try to get ...
Since 1929, there have been 14 recessionary periods in the U.S. Most recently, the U.S. economy entered a brief, two-month long recession from February to April 2020, during the COVID-19 pandemic.
The much-anticipated report on the nation’s economy released Wednesday showed that the U.S. economy shrank during the first three months of the year — offering the first window into the ...
Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns that the economy could face stagflation if conditions persist. Stagflation is a ...
Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight. Now, the R-word is seemingly ...
As the U.S. economy shrinks, fears and predictions of a recession continue to grow. New Commerce Department data shows that the country's gross domestic product (GDP) contracted at an annual rate ...
Federal Reserve policymakers were nearly unanimous at their meeting last month that the US economy faced risks of simultaneously higher inflation and slower growth, with some policymakers noting ...