Revised data released by the Commerce Department on Thursday showed the U.S. economy shrank by more than previously estimated in the first quarter of 2025.

The latest estimate showed that consumer spending — the lifeblood of the US economy — was tepid in the beginning of the year.

U.S. economic growth declined more than initially estimated, with an increase in imports and a decline in government spending ...

White House Press Secretary Karoline Leavitt offered an even larger number during a June 19 briefing, saying the White House’s Council of Economic Advisers "found that the One Big Beautiful Bill will ...

A rating agency has highlighted Bermuda’s potential for a number of economic uncertainties, including from the corporate ...

Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's import taxes at least ...

This year's NATO’s summit has been described as "transformational" and “historic" | Here are some of the takeaways ...

The number of Americans filing new applications for jobless benefits fell last week, but work opportunities are becoming ...

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

U.S. economic growth contracted more than double than what the previous estimate showed, as rising imports and reduced ...

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