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U.S. economy went into reverse in the first quarter, new GDP data shows
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024. Read More
Is America's economic slip temporary? Trump, Biden allies divided over GDP report
The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy growth, despite GDP drop. Read More
Risk of global economic recession surges on US tariff shockwaves: Reuters poll
Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said U.S. President Donald Trump's tariffs have ... Read More
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