The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

The economy grew 3%, but mainly because imports collapsed. Alas, investment fell too.

The latest GDP report follows a decline of 0.5% in the first quarter, the weakest period of economic growth for the U.S.

President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its ...

Earlier this year, U.S. businesses rushed to front-load imports ahead of potential tariffs. That made a record dent in ...

President Donald Trump is delivering on his promises to rebuild America's economy. But not everyone is happy about it.

Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed ...

Did the U.S. economy really roar back to life in the spring after shrinking in the first quarter? Not at all. Here’s the ...

The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the ...

According to a second estimate by the U.S. Bureau of Economic Analysis, Q2 real gross domestic product (GDP) increased at an ...

Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...

Today, the Federal Reserve is meeting to discuss interest rates. The meeting comes as Fed Chair Jerome Powell faces mounting ...