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The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices ...
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government ...
The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in ...
The Trump administration expects to conclude initial tariff deals with some U.S. trading partners within weeks, but ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
Gross domestic product slid 0.3 per cent year on year from expectations of a 0.3 per cent gain. Read more at straitstimes.com ...
The US economy unexpectedly shrank in the first quarter of 2025, as a rush of imports, driven by the anticipation of sweeping ...
The American economy contracted by 0.3% on an annualised basis in the first quarter of 2025, marking a stark contrast to the ...