The new data shows how the economy has looked in the first three months of Trump's second term. US real gross domestic product fell at an annualized rate of 0.3% in the first quarter of this year.

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 ...

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.

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.

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 ...

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 ...