Finance News – U.S.
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Australia's first-quarter economic growth misses estimates, expanding 1.3% from a year earlier
Australia's economy grew by 1.3% in the first quarter, slightly below expectations, prompting the central bank to reduce interest rates to encourage further expansion and support f...
Read Full Article →U.S. trade deficit in goods plummets in April, pointing to stronger second-quarter GDP
The substantial decline in imports during April contributed to a narrower trade gap, which may positively influence the overall economic growth for the United States in the upcomin...
Read Full Article →Recession indicators are out of control. When will this madness end?
Several economic measures aside from stable jobless claims and GDP suggest a downturn, highlighting increased financial uncertainty and potential challenges for markets and policym...
Read Full Article →Japan’s economy contracts for first time in a year as exports fall, shrinking by a more than expecte...
Japan’s economic output declined at an annualized rate of 0.7% in the first quarter, reflecting weaker external demand and surpassing prior projections of a smaller downturn.
Read Full Article →European defense stocks are flying again as Germany backs 5% NATO spending target
European defense companies experienced a notable increase in share value following Germany's announcement to commit to allocating 5% of its GDP towards NATO-related military expend...
Read Full Article →America's travel industry is in sharp decline
The recent downturn in the travel sector has impacted a key component of the U.S. economy, which traditionally contributed significantly to GDP and consistently generated a trade s...
Read Full Article →Trump says he'll blame Biden again for 2nd quarter GDP after blaming him for Q1 drop
Trump indicated he would attribute the second quarter GDP performance to Biden, while defending his tariffs that are thought to have contributed to stock market declines during his...
Read Full Article →Trump trade advisor Navarro brushes off GDP drop: ‘We really like where we’re at now’
Despite a drop in gross domestic product during President Trump's second term, a trade advisor expressed optimism about the current economic situation, while U.S. stock market indi...
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