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Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
Despite a first-quarter contraction driven by tariff-related import surges, the US economy shows resilience. Consumer ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
The U.S. Senate was poised on Wednesday to vote on a resolution to block a host of President Donald Trump's tariffs, hours ...
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