News

US economy shrank 0.3% in Q1 as companies stock up on imports before Trump tariffs
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Japan Q1 GDP likely contracted on soft domestic demand, import surge
Japan's economy probably contracted for the first time in a year in the first quarter, weighed down by softer domestic demand ...
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US economy contracts in Q1 as tariffs unleash flood of imports
The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses ...
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
Tame March PCE inflation no salve after downbeat Q1 US GDP report
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
U.S. economy contracts in Q1 amid impact from tariff-fueled imports
Gross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.
US Senate to Vote on Bill to Rein in Trump Tariffs as Economy Contracts
The U.S. Senate was poised on Wednesday to vote on a resolution to block a host of President Donald Trump's tariffs, hours ...