The contraction in the first month of the year is the latest frustration for a relatively new government that has pledged to bring an end to a decade-and-a-half of stagnation.
Trump's Commerce Secretary Howard Lutnick was left astonished by an Atlanta Fed estimate claiming Q1 GDP will shrink by 2.4%, calling it "ridiculous." ...
President Donald Trump has long advocated for NATO allies to ramp up defense spending to between 2% to 5% gross domestic ...
The US stock market has whipsawed this week over mounting concerns of an economic downturn, as president Donald Trump's trade ...
The FTSE 100 (^FTSE) and European stocks were higher on Friday afternoon as traders digested news that the UK economy ...
Chancellor Rachel Reeves has vowed to “turn around the poor performance of more than a decade” after Britain’s economy ...
Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...
Global equities sank on Thursday with the S&P 500 confirming it was in a correction while U.S. Treasury prices rose as ...
Ray Dalio's career path has often taken unexpected turns. On Bloomberg's Odd Lots podcast, he recalled a time when his work as a commodities trader landed him a consulting gig with McDonald's ...
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The debate over the deal cast defense spending as an issue of growing urgency as doubts increase about the U.S. commitment to ...
Higher tariffs would unambiguously reduce real gross domestic product and would likely push inflation up, though the size of ...
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