News

Tame March PCE inflation no salve after downbeat Q1 US GDP report
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
U.S. GDP contracts in Q1 as imports swell, price index jumps
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
Stocks are ignoring that terrifying U.S. GDP report as retail investors buy the dip
Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by ...
Roku Posts Solid Q1 Results, Pledging To “Remain Vigilant And Adaptable” In Uncertain Economy
Roku posted solid first-quarter results, topping $1 billion in revenue and vowing to "stay vigilant and adaptable" in a ...
Weak Q1 GDP points to 'major setback' in productivity
The sharp slowdown in first-quarter growth points to a "major setback" in business productivity, according to Brian Bethune, an economics professor at Boston College. Business productivity fell back ...
Former Fed Vice Chair Richard Clarida: The Fed will probably try to look through Q1 GDP number
Richard Clarida, PIMCO global economic advisor and former Federal Reserve Vice Chairman, joins 'Squawk Box' to discuss the ...