The Canadian economy will enter into recession in the second quarter of this year, according to an economic outlook released by Deloitte Canada on Wednesday. “I think our point is that you certainly ...

The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending, a first snapshot of the ripple ...

Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth. The country that saw more than a ...

WASHINGTON — President Donald Trump urged patience after a new report showed the first decline in the U.S. economy in three years, putting blame on his predecessor while predicting that his ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau of Economic Analysis' advance ...

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was ...

The U.S. economy went into reverse having its worst quarter since Covid. The U.S. Gross Domestic Product stood at an annualized rate of -0.3% in the first quarter, the Commerce Department said ...

US President Donald Trump has blamed Joe Biden for a 0.3% shrink in GDP for the first three months of the year, as firms stockpiled imports ahead of tariffs. The S&P 500 fell Wednesday as a result..

5:51 What Canadians can expect from Mark Carney’s promised budget reforms The Canadian economy is “walking on a tightrope” and is likely to experience an economic downturn later in the year ...

Wall Street stocks took a sharp dive after data showed that the US economy contracted for the first time since 2022 Wall Street's main indexes dropped on Wednesday after data showed the economy ...

The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs and underscoring the ...