U.S. Economic Growth Revised Down to 0.5% in Q4, Corporate Profits Surge
U.S. economic growth slowed more sharply than previously estimated in the fourth quarter, according to fresh data released by the Commerce Department’s Bureau of Economic Analysis. Gross domestic product (GDP) expanded at an annualized...
U.S. Trade Deficit Widens to $57.3 Billion in February Despite Record Exports
The U.S. trade deficit widened by 4.9% to $57.3 billion in February, as a surge in imports outpaced strong export growth, according to data released by the Commerce Department’s Bureau of Economic Analysis and...