Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
A new report shows that despite popular belief that an AI crash will tank the economy, regular consumers are much more ...
A pair of economic reports released Tuesday showed the continued schizophrenic nature of the U.S. economy. The Bureau of Economic Analysis issued a delayed first estimate of gross domestic product for ...
The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.
US GDP dipped by an annualized rate of 0.3%, adjusted for inflation (“real GDP”), after growth rates of 2.4% in Q4, 3.1% in Q3, and 3.0% in Q2. A massive spike in imports, by far the worst ever, on ...
Q3 2025 US real GDP surged 4.3% SAAR, far exceeding expectations and marking the strongest growth since Q3 2023. Consumer spending drove growth, contributing 2.39 ppts to GDP, with robust gains across ...
The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...
SYDNEY, Sept 3 (Reuters) - Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over ...
The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...
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