Business spending dropped sharply in the second quarter. Blame the trade war.

The U.S. economy expanded faster between April and June than previously estimated, as growth bounced back after slumping in the first quarter, new government data shows. The Commerce Department said ...

Economic growth for the second quarter was revised up three-tenths of a percentage point to a 3.3% annual rate, the Bureau of Economic Analysis said Wednesday in its first revision of the data. The ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The U.S. economy bounced back in the second quarter amid an uptick in consumer spending and a decline in imports, as the value of American goods and services increased at a higher rate than expected, ...

As the country grapples with its first economic contraction in three years, a new map showcases the sharp divide in how each state's economy is weathering the 2025 downturn. According to data released ...

Real GDP increased at an annualized rate of 3% in the second quarter, more than expected. That reverses the shrinking economy in the first quarter, but tariffs cloud future performance. The report is ...

President Donald Trump’s tariff policy, immigration crackdowns, and sweeping tax and spending law are expected to increase jobless rates and inflation and lower overall growth this year before they ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

OTTAWA, July 31 (Reuters) - 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 June as some sectors rebound, data showed on ...

The Donald Trump administration has pursued an aggressive tariff agenda, invoking authorities under the International Emergency Economic Powers Act (IEEPA), as well as Section 232 and Section 301 of U ...