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

WASHINGTON (Reuters) -The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...

U.S. economic growth rebounded in the first quarter of 2026, boosted in part by a recovery following the previous quarter’s ...

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 ...

President Donald Trump's aggressive moves to remake the U.S. economy during the first three months of his second term are having a huge impact - and it will probably prove to be a very negative one ...

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 ...