The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.

MOSCOW (Reuters) -Russia's budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first half of the year, the same as expected for the full year ...

China's economy displayed continuing resilience in the first four months of this year, though some indicators pointed to the ...

The US economy shrank at a 0.5% annual pace from January through March as President Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of ...

The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...

The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump's tariffs and a slowdown in consumer spending.

At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into ...

The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since the conclusion of World War II. Data released by the Bureau of Economic ...