U.S. Economy
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The U.S. economy just slowed far more than economists expectedGDP increased at a 1.4 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of fourth-quarter GDP on Friday.EconomyFeb 20
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Tariffs paid by midsize U.S. companies tripled last year, research suggestsThe JPMorganChase Institute analysis comes after research by the New York Federal Reserve showed nearly 90% of the burden for Trump's tariffs fell on U.S. companies and consumers.U.S. NewsFeb 19
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U.S. added 147K new jobs last month. Here’s what the numbers don’t showThe headline numbers for June masked some weaknesses as the U.S. economy contends with fallout from President Donald Trump's economic policies, especially his sweeping tariffs.U.S. NewsJul 3, 2025
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Global shares rise as U.S. futures gain amid subdued holiday tradingThe U.S. has been hit with the threat of a worst-case scenario called “stagflation,” one where the economy stagnates yet inflation remains high.EconomyMay 1, 2025
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U.S. economy contracts in Q1 amid impact from tariff-fueled importsGross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.EconomyApr 30, 2025
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U.S. stocks plunge as Trump tariff fears spread among businesses, consumersThe Dow Jones Industrial Average dropped 748 points and other indexes fell sharply as fears about tariffs impacting the U.S. economy spread.MoneyFeb 21, 2025
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Kamala Harris vows to lower food prices, build more homes in 1st economic speechThe Democratic presidential nominee proposed a federal ban on price gouging and expanded tax breaks, focusing on consumers in a bid to strike a contrast with Donald Trump.U.S. NewsAug 16, 2024
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Wall Street, global markets plunge as fears grow of slowing U.S. economyThe tumbles were spurred by Friday’s report showing unexpectedly slower hiring among U.S. employers, raising fears of a coming recession.EconomyAug 5, 2024
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Why a strong U.S. economy might delay rate cuts in CanadaA strong U.S. economy could keep interest rates higher for longer south of the border, which experts say also has ramifications for the Bank of Canada's rate path.EconomyFeb 1, 2024
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U.S. GDP unexpectedly grew by 3.3% last quarter. What this means for the FedThe U.S. economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freelly.EconomyJan 25, 2024
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