Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in outlays for a variety of services. Spending on services contributed 0.3 ...

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...

Term Budget Policy Statement (MTBPS) on 12 November 2025, experts highlighted the mounting financial pressure on consumers, ...

The latest gross domestic product report came in Thursday morning. It showed that last year ended with a moderating growth rate in the fourth quarter. But overall, GDP was strong in 2024, coming in at ...

SYDNEY (Reuters) -Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy lifting and ...

The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...

A growing divide is reshaping U.S. households, as the post-pandemic recovery benefits the wealthy while leaving millions behind.

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.

TOKYO (Reuters) - Japan's economy expanded much faster than initially estimated in the second quarter, driven by upward revisions in private consumption and inventories, giving policymakers some ...

Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy. The US economy grew 2.5% over the ...

BEIJING, Oct 19 (Reuters) - China's economic recovery stepped up in the third quarter, data released is expected to show on Monday, as consumers returned to malls and major trading partners reopened ...