Imports spike, consumer spending slows, and GDP contracts for the first time in three years The U.S. economy unexpectedly contracted at an annual rate of 0.5% in the first quarter of 2025,
Trump’s trade blitz jolts stocks, spending, and sentiment After launching a wave of tariffs earlier this year, President Donald Trump has temporarily paused his most aggressive trade measures, giving global markets a
Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had
Second-quarter growth jumps to 3.8% on strong consumer spending The United States economy grew more than previously reported in the second quarter, as the Commerce Department’s final estimate showed GDP expanding at
The U.S. Federal Reserve is considering revising key elements of its monetary policy framework, especially regarding jobs and inflation, as it faces the possibility of more frequent and persistent supply shocks. This
Prices near record highs amid safe-haven demand Gold prices rose on Wednesday, edging closer to their all-time high as investors sought safety ahead of President Donald Trump’s anticipated announcement of sweeping new
Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift
Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The
Economy cools but avoids collapse amid policy uncertainty After two years of outperforming forecasts, the U.S. economy is showing signs of cooling — though not cracking. Recent GDP revisions from the Federal
Markets slide as economic fears deepen ahead of Fed Consumer and investor sentiment in the U.S. is plunging, casting a long shadow over markets already shaken by economic uncertainty and geopolitical tension.
Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over
Tariffs and Industrial Slowdown Weigh on Outlook FedEx (FDX.N) shares fell 11% on Friday after the company slashed its annual forecasts, raising concerns about the health of U.S. manufacturing. The decline follows
The Bank of England has halved its UK growth forecast for 2025, expecting the economy to expand by just 0.75%, down from its previous estimate of 1.5%. The downgrade comes as the