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Real gross domestic product was down 0.3%, a minor contraction but a large step down from the prior quarter’s GDP growth rate ...
President Donald Trump acknowledged Wednesday his tariffs could result in fewer and costlier products in the United States ...
The latest GDP numbers show the U.S. economy now shifting into reverse after Donald Trump’s abrupt policy shifts. The U.S.
Still, Bernstein sees a roughly 50/50 chance of a US recession because of the stagflationary shock from tariffs, which are expected to simultaneously slow the economy and increase prices. The policy ...