New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...

The International Monetary Fund on Thursday raised its 2025 GDP growth forecast for Saudi Arabia to 3.5% from 3%, partly on ...

The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic as outlays for recreation ...

The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis ...

GDP was revised to -0.5% as consumption weakened and inflation edged higher, complicating Fed policy. See why markets are ...

The benchmark S&P 500 and tech-led Nasdaq were nearly 1% below their record peaks at Wednesday's close, supported by the ...

The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4% increase in ...

The Commerce Department said the U.S. gross domestic product, an overarching measure of economic output, stood at a -0.5% ...