US markets opened in red as the economy unexpectedly shrank by 0.3% in the first quarter, driven by increased imports and slower consumer spending. The decline raised concerns about President ...

A reading below 50 signals a contraction. Zhao Qinghe, a senior statistician at the NBS, said in a statement that the contraction in factory activity was due to “sharp changes in the external ...

Behind the 0.3% contraction in GDP were numbers economists called “extreme” and “weird.” The biggest factor behind the slip in first-quarter GDP was Trump’s will-he-or-won’t-he, start-and-stop trade ...

US Stock Market Crash Highlights: The S&P 500 eked out a modest gain on Wednesday (April 30), rising 0.15% to close at 5,569.06, as investors grappled with fresh recession concerns following data ...