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Trump praises tariffs as US economy shrinks for first time since 2022
US President Donald Trump has shared his first reaction to the GDP figures which were announced this morning, which indicates ...
S&P 500, Dow close out April in the red as economy contracts for first time since 2022
April was one of the wildest months in recent memory for markets, capped off by a key data release that showed the economy ...
Trump Loses First Round of Trade War as US Economy Shrinks, China's Grows
In a week when President Donald Trump wanted headlines about wins, he got one about economic losses—while the rival he set ...
U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...
US Senate rejects bill to rein in Trump tariffs as economy contracts
An evenly split U.S. Senate rejected the latest bipartisan bid to block PresidentDonald Trump's tariffs on Wednesday, hours ...
U.S. Economy Shrank During 2025’s First Quarter As GDP Slipped 0.3%
Real gross domestic product (GDP) grew -0.3% on a quarter-over-quarter, seasonally adjusted annual rate, according to the ...
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
US Economy Contracts for the First Time Since 2022
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government ...
Trump says he's made no mistakes despite falling economy and approval ratings
Trump told a NewsNation town hall he's made no mistakes during his first 100 days back in office despite the shrinking ...