News

Big rebound in GDP masks hidden weakness in the US economy
The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the ...
New GDP data leads Trump to change his mind about blaming Biden for the economy
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
GDP Report: Growth Gets Record Boost From Exports
Earlier this year, U.S. businesses rushed to front-load imports ahead of potential tariffs. That made a record dent in ...
Schumer: Strong GDP Number Is A "Mirage," Trump's Tariffs Are Weighing Down The Economy
Senate Minority Leader Chuck Schumer (D-NY) took to the Senate floor Wednesday, calling the GDP number a "mirage" and raising ...
Hong Kong GDP expands 3.1%, faster than forecast
Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed ...
Forget GDP. The U.S. economy isn’t doing great. But the worst might be over.
Did the U.S. economy really roar back to life in the spring after shrinking in the first quarter? Not at all. Here’s the ...