The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years The U.S. economy ...

President Trump’s policies have created headwinds, but the U.S. economy is so far powering through them.

From key benchmark interest rates to inflation risks looming over US economy, here are 5 key highlights from the US Federal Reserve policy meeting on May 7, 2025. US Fed Meeting Highlights ...

He's also worked at U.S. 1, Community News Service and the Middletown Transcript. Parker Puls/Bloomberg via Getty Images Several economic forecasts now call for the U.S. economy to enter a period ...

US economic activity continued to sink this month amid uncertainty around tariff policy. New data from S&P Global out Wednesday showed its flash composite PMI output index, which captures activity ...

more than offsetting the economic benefits of the concessions. “That adds up to even higher (total) tariffs,” said Barclays economist Marc Giannoni. The effective, or average, U.S. tariff on ...

Janet Henry, Global Chief Economist at HSBC weighs in on the economic impact of Donald Trumps tariff policy as China says its open top talks if the US president and his team show the country more ...

US and Global Economic Outlook Deteriorates in Trump Trade War, IMF Says WASHINGTON (AP) — The U.S. and global economies will likely slow significantly in the wake of President Donald Trump's ...

U.S. economic growth will come in at just 1.8% this year, down sharply from its previous forecast of 2.7% and a full percentage point below its 2024 expansion. The IMF doesn't expect a U.S ...

Gasoline futures were nearly 3cts/gal above morning lows, but still struggling to move into positive territory. The NYMEX June RBOB contract was down by 0.06ct to $2.0564/gal and the May RBOB contract ...

In the bond markets, Treasury yields registered their sharpest rise in a decade. The US dollar fell from $1.03 to approximately $1.127 against the euro, fueling expectations of the US economy slowing.