At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into ...

The U.S. economy shrank 0.3% in the first three months of 2025, its first contraction in three years, the Commerce Department reported Wednesday. President Donald Trump repeatedly blamed his ...

The Atlanta Fed's GDPNow forecast for the first quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...

Japan's economy probably contracted for the first time in six quarters in the July-September period after being battered by U ...

Former Bank of Japan Deputy Governor Masazumi Wakatabe and Toshihiro Nagahama, chief economist at Dai-ichi Life Research ...

The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...

North Florida manufacturing showed signs of contraction in October, indicating continued sluggishness among First Coast ...

President Donald Trump deflects blame for the U.S. economy's 0.3% contraction in the first quarter onto his predecessor, despite clear evidence indicating otherwise. What Happened: On Wednesday, Trump ...

Australia’s largest bank by market capitalization posted an unaudited net profit of $1.62 billion as volume growth helped ...