Japan Falls to Fourth-Largest Economy Amid Unexpected Recession
Economy
Sharp Decline in January US Retail Sales Signals Economic Caution
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UK Economy Enters Recession, Challenging Sunak's Growth Pledge
"The United Kingdom's economy has officially entered a recession, marking a significant downturn and the weakest annual growth since the aftermath of the 2008 financial crisis, excluding the pandemic-impacted year of 2020. -
January Sees Unexpected Rise in Consumer Prices, Challenging Fed's Inflation Outlook
"consumer prices in January witnessed a rise that exceeded expectations, primarily driven by persistent increases in shelter costs.
The Latest
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Euro Zone GDP Rises 0.4% in Q1 but U.S. Tariffs Threaten Outlook and Weigh on Sentiment
The euro zone economy expanded by 0.4% in the first quarter of 2025, outperforming expectations and marking a modest rebound from the previous quarter's 0.2% growth. However, the bloc's fragile recovery has come under renewed threat following sweeping trade measures from the United States. 
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U.S. GDP Contracts 0.3% in Q1 as Trump Tariffs Drive Trade Slump and Consumer Pullback
The U.S. economy shrank by 0.3% in the first quarter of 2025, marking its first contraction in three years as sweeping tariff policies under President Donald Trump rattled trade flows and consumer confidence, according to Commerce Department data released Wednesday. 
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U.S. Consumer Confidence Plunges to Lowest Since 2020 as Tariff Worries Deepen Economic Fears
Consumer confidence in the United States fell sharply for the fifth consecutive month in April, hitting its lowest level since the early months of the COVID-19 pandemic, according to new data released Tuesday by the Conference Board. The drop reflects growing anxiety over President Donald Trump's widespread tariffs and mounting fears of an economic slowdown. 
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March Home Sales Plunge 5.9% to 2009 Lows as Mortgage Rates Top 7%
U.S. home sales fell sharply in March, dropping to their lowest level for the month since 2009, as elevated mortgage rates, rising inventories, and growing economic uncertainty continued to chill the residential real estate market. Sales of previously owned homes fell 5.9% from February to a seasonally adjusted annualized pace of 4.02 million units, according to data released Thursday by the National Association of Realtors. 
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IMF Cuts 2025 U.S. Growth Forecast to 1.8% Amid Trump Tariffs and Rising Inflation
The International Monetary Fund has sharply lowered its U.S. growth forecast for 2025 to 1.8%, down from 2.7% in January, citing mounting trade tensions and the economic fallout from President Donald Trump's new round of tariffs. The revised projection, released Tuesday in the IMF's April 2025 World Economic Outlook, comes amid rising concerns about inflation and policy uncertainty across global markets. 
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U.S. Retail Sales Surge 1.4% as Auto Buyers Rush to Beat Trump’s 25% Car Tariffs
Retail sales in the United States jumped 1.4% in March, the largest monthly gain since January 2023, as consumers rushed to purchase cars and other big-ticket items ahead of President Donald Trump's sweeping tariff increases. The Commerce Department said Wednesday the surge was led by a 5.3% rise in spending on vehicles and auto parts, outpacing broader retail activity. 
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India’s Trade Deficit with China Hits Record $99.2 Billion as Imports Surge 11.5%
India's merchandise trade deficit with China soared to a record $99.2 billion in the fiscal year ending March 2025, driven by a surge in electronics, batteries, and industrial inputs, despite government rhetoric aimed at curbing Chinese imports and improving self-reliance. 
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China’s Q1 GDP Grows 5.4% as Export Surge Preempts Tariff Shock, But Outlook Darkens
China's economy expanded 5.4% in the first quarter of 2025, beating analysts' expectations and bolstered by a sharp uptick in exports as manufacturers rushed to ship goods ahead of U.S. tariff increases. However, economists warn that the world's second-largest economy is on the verge of a significant slowdown as the impact of up to 145% tariffs on Chinese goods takes hold. 
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China’s Exports Surge 12.4% in March as U.S. Tariff Deadline Sparks Shipping Frenzy
China's exports surged 12.4% in March compared to a year earlier, as companies rushed to ship goods ahead of escalating U.S. tariffs, according to customs data released Monday. The sharp increase, driven by front-loaded shipments, outpaced analyst forecasts and comes amid deteriorating trade relations between Washington and Beijing under President Donald Trump's latest tariff escalation. 
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Wholesale Prices Drop 0.4% in March Ahead of Trump’s Tariff Escalation, Signaling Easing Inflation
Wholesale prices in the United States fell unexpectedly by 0.4% in March, according to Bureau of Labor Statistics data released Friday, offering a potentially favorable inflation snapshot just as President Donald Trump's sweeping tariff hikes begin to take effect. The decline in the Producer Price Index (PPI), a key gauge of pipeline inflation, came as economists had forecast a 0.2% increase. 
