News

A significant surge in equipment investment, driven by businesses front-running potential tariffs, boosted GDP but may lead ...
US GDP dipped by an annualized rate of 0.3%, adjusted for inflation. A massive spike in imports, on tariff-frontrunning ...
Credit card company reports show conflicting signals stemming from attitudes towards inflation, and especially tariffs.
The contraction in GDP, the value of all goods and services across the economy, was the first in three years and comes amid ...
The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...
Consumers’ expectations about their own personal financial situations declined sharply in April, according to the New York ...
The biggest industry you have never heard of runs many common threads through the economy—especially consumer spending.
US disaster costs hit a record $1 trillion over 12 months due to fires, hurricanes, and higher insurance, exceeding 3% of GDP ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
The burger giant, a much-watched barometer for consumer sentiment, reported lower consumer spending in the first quarter.