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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 rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth.
A narrowly divided U.S. Senate rejected the latest bipartisan bid to block President Donald Trump's tariffs on Wednesday, ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
First-quarter gross domestic product data, March's reading of the PCE price index - the Federal Reserve's preferred inflation ...
According to the Commerce Department, the GDP figure was driven by a wider trade deficit, caused by a wave of imports that ...
This was sharply below the market consensus estimate of 0.4 percent growth, according to Briefing.com, and marked the first ...
US economy contracted for the first time in three years in the first quarter of 2025, falling an annualised 0.3%. as ...
The U.S. economy contracted early this year as businesses imported a massive trove of goods before President Donald Trump’s ...
The US economy contracts during President Trump's first three months in office. GDP fell by 0.3%... Mr Trump blames former President Biden. Meanwhile China blames US tariffs for falls in its ...
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