US consumer spending surges in March, inflation cools | Reuters
WASHINGTON, April 30 (Reuters) – U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices and shortages due to tariffs, but that…
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Dow drops more than 500 points as sell-off intensifies following negative GDP data: Live updates
Copper on pace for worst day since April 4 Copper was last down 6.3%, on pace for its worst day going back to April 4 when the commodity fell 8.83%….
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Trump decries ‘Biden’s Stock Market’ after capping worst 100-day market performance in decades
President Trump was quick to respond Wednesday to the news that the US economy contracted for the first time in three years, which sent stock indexes lower. “This is Biden’s…
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Trump blames Biden for stock-market fall, a year after taking credit for stock-market climb
President Donald Trump on Wednesday blamed his predecessor, President Joe Biden, for the stock market’s weak performance, as the main U.S. indexes headed for losses after a report showed the…
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US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau…
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Inflation gauge favored by Fed showed price growth slowed in March
Published April 30, 2025 10:04am EDT The Federal Reserve’s preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank’s target rate. The Commerce…
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US inflation cools, consumer step up spending, as Americans brace for tariff impact
The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories. Economists forecast that inflation could reverse…
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Trump blames Biden after GDP shrinks in first quarter, says growth will ‘take a while’
U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. President Donald Trump on…
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U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data
President Trump’s tariffs have roiled financial markets and upended global trading patterns. Now they are disrupting measures of economic growth as well. U.S. gross domestic product, adjusted for inflation, declined…
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IPL 2025, PBKS vs CSK: Shreyas Iyer wins toss, elects to bowl against struggling CSK
Chennai Super Kings’ MS Dhoni shakes hands with Punjab Kings’ Shreyas Iyer during the toss before the match. | Photo Credit: Reuters Punjab Kings skipper Shreyas Iyer won the toss…
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