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U.S. economy News

U.S. Economy Faces First Contraction in Three Years: Trump's Tariff Policy Blamed

Sarah Mitchell 01 May, 2025

The U.S. economy contracted for the first time in three years in Q1, attributed to Trump's tariff policies, with a record trade deficit and cooling labor market raising recession f...

Economy

Powell Highlights Economic Resilience Amid Uncertainty: A Deep Dive into U.S. Economic Stability

Ryan Peterson 05 Apr, 2025

Federal Reserve Chair Jerome Powell discusses the resilience of the U.S. economy, citing solid data and low unemployment. Amid uncertainties, the Fed adopts a cautious approach to ...