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US goods imports tumble 20% in April as Donald Trump’s tariffs disrupt trade
Americans have grown increasingly cautious in their spending habits amid the turmoil. Consumer spending growth slowed from a month-over-month pace of 0.7 per cent in March to 0.2 per cent in April, according to separate data released on Friday by the Bureau of Economic Analysis.
This figure contrasts with the 2.4% expansion observed in the fourth quarter of 2024. The Gross Domestic Product (GDP) of the ...
The number of Americans filing new applications for unemployment benefits increased to a seven-month high last week, pointing ...
A Moneycontrol analysis of data released on June 5 reveals that imports of copper, non-monetary gold, spacecraft and cotton ...
U.S. corporate profits fell by $118.1 billion and GDP contracted in Q1 2025 amid rising costs from tariffs and economic ...
The US economy shrank at the start of the year ... the second estimate from the Bureau of Economic Analysis showed Thursday. That compared with an initially reported 0.3% decline.
The number of Americans filing new applications for jobless benefits increased more than expected last week, suggesting layoffs were rising.
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