News

U.S. Economy Grew 3% Despite Trump's Tariffs as He Repeats Call for Fed Chair To Lower Rates
The economy grew at a healthy rate despite the back-and-forth with Trump's tariffs, but the true test will come after the levies are imposed.
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
Trump Will Remake the Fed. Rates Are Just the Start
A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
It’s very disruptive if you fire, so I would say most likely, yeah,” Trump responded when asked by Finnerty if Powell would stay in the role. The president also repeated hi
Trump again pushes for Fed chair to resign after governor steps down
Too Late’ Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!” said President Donald Trump in a Friday evening Truth Social post.
Trump demands Fed board take control from Powell on interest rates
Trump urges the Fed board to sideline Jerome Powell over rate policy disputes, intensifying tensions amid economic uncertainty.
Opinion
AI’s Overlooked $97 Billion Contribution to the Economy
The AI ‘dividend’ may not be evident yet in estimates of gross domestic product but it’s making life better and more productive.
U.S. Economy Slowed in First Half of 2025 as Tariffs Scrambled Data
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
Illinois Policy3d
Illinois economy declines 2.2% in early 2025, one of biggest drops in U.S.
Illinois’ latest drop in gross domestic product shows broader issues with the state. The state’s real GDP has been struggling ...
US economic growth likely rebounded in Q2, but with weak underlying details
U.S. economic growth likely rebounded in the second quarter as the flow of imports subsided, but with consumer spending ...
Science Daily2y
Gross domestic product - ScienceDaily
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often ...
Lincoln Journal Star3d
Nebraska’s GDP shrunk by 6% in beginning of 2025, one of biggest drops in US
Nebraska had one of the biggest losses in gross domestic product in the country for the first quarter of 2025.
Rebound in US economic growth in second quarter masks underlying slowing trend
U.S. economic growth rebounded more than expected in the second quarter, but that measurement grossly overstated the ...
Irish Examiner on MSN6d
Irish gross domestic product contracts amid fall-off in pharmaceuticals
Irish gross domestic product (GDP) contracted by 1% between April and June, compared to the first quarter of the year, ...
Forex Factory3d
Canada gross domestic product by industry, May 2025
Real gross domestic product (GDP) edged down 0.1% in May for the second consecutive month, as goods-producing industries ...
Carney wants to spend an extra $9B on defence by April. Is that possible?
Prime Minister Mark Carney's goal of hitting NATO's defence spending target of two per cent of gross domestic product this ...
Canada's GDP shrinks in May, could avoid contraction in second quarter
Canada's Gross Domestic Product shrank 0.1% in May on a monthly basis as expected but is likely to regain the lost ground in ...