The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated.

Topics:  u.s    economy   
BING NEWS:
  • Persisting inflation woes making 2024 seafood outlook hard to predict
    The European Commission’s winter 2024 economic forecast, released on 15 February 2024, said that the E.U. entered 2024 on “weaker footing than expected.” The report predicts inflation will slow down, ...
    04/22/2024 - 5:35 pm | View Link
  • Capital gains tax hike sends clear message to wealthiest Canadians
    Budget 2024 took a significant step towards tax fairness by increasing the capital gains inclusion rate on Canada’s richest individuals and corporations. Tellingly, a measure designed to tax the rich ...
    04/22/2024 - 8:57 am | View Link
  • Unemployment rate drops in Tennessee, holds steady in Georgia
    In neighboring Georgia, the unemployment rate last month stayed at 3.1% in March as a record number of Georgians were on the job after employment in the Peach State grew by 55,400 jobs over the past ...
    04/18/2024 - 12:37 pm | View Link
  • Record exports trim Japan's FY 2023 trade deficit to 5.89 trillion yen
    Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen ($38 billion), as robust U.S.- ...
    04/16/2024 - 11:30 pm | View Link
  • The March CPI, the Inflation Picture, and the Fed
    The higher than expected March CPI released on Wednesday freaked everyone out and got the markets convinced we will see fewer, if any, interest rate cuts ...
    04/15/2024 - 6:52 pm | View Link
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