Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...

Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...

The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.

In March, CBS found that only 34% of Americans blamed Trump for inflation compared to 38% who blamed Biden. However, after ...

Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...

California is not the only state economy that’s a business powerhouse on a global scale. The state’s businesses produced $4.1 ...

Real gross domestic product (GDP) was down 0.2% in February, partly offsetting January's 0.4% increase. After driving growth ...

Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0 ...

Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four ...