The U.S. economy shrank at a 0.3% annual rate in the first quarter of the year, the first decrease in national output since 2022. The decrease was due to a surge of imports, as people raced to buy ...

A Wednesday report from the Commerce Department showed that U.S. gross domestic product declined for the first time in three years. However, economists and market strategists had mixed reactions to ...

The national average price for a gallon of regular unleaded gasoline is on the verge of hitting $4 for the first time since ...

Sales of existing homes in March posted their biggest monthly decline in more than two years, after mounting economic uncertainty roiled the housing market at the start of the critical spring selling ...

The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be ...