Latest News Updates From Paul Wiseman

GovernmentBusiness

Economy Rebounds a Surprisingly Strong 3% in Q2

American gross domestic product — the nation’s output of goods and services — rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported July 30.

July 30, 2025
GovernmentBusiness

Trump’s Trade Blitz Yields Few Deals but Lots of Uncertainty

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

July 9, 2025
GovernmentBusiness

Employers Added a Surprising 147,000 Jobs in June

U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. 

July 3, 2025
GovernmentBusiness

Economy Shrank 0.5% in Q1, Worse Than Estimated

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported June 26.

June 26, 2025
GovernmentBusinessEquipmentFuelLogistics

Producer Price Index Rises Less Than Forecast in May

The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.

June 12, 2025
GovernmentBusiness

Hiring Slows, but Solid 139,000 Jobs Added in May

U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars.

June 6, 2025
GovernmentBusiness

Trump Trade War to Hobble US Growth, OECD Says

U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.

June 3, 2025
GovernmentBusiness

Economy Falls 0.2% in First Quarter

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business.

May 29, 2025
GovernmentBusiness

Employers Added a Surprising 177,000 Jobs in April

Employers added a better-than-expected 177,000 jobs in April, with transportation and warehousing adding 29,000 in a sign that companies may have been stocking up on imports before tariffs.

May 2, 2025
GovernmentBusiness

Economy Shrinks 0.3% in Q1, the First Drop in Three Years

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

April 30, 2025