The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an ...

The GDP figure was a larger drop than the 0.1% contraction expected by economists polled by Reuters. Japan's GDP data comes at a time when the country is locked in trade negotiations with the U.S., ...

The US economy shrank at a 0.5% annual pace from January through March as President Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of ...

WASHINGTON, June 26 (Reuters) - The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...

The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department's Bureau of Economic Analysis (BEA) released ...