All posts tagged "Gdp"

A Republican lawmaker stunned CNN's John Berman when he referred to news that the economy shrunk by 3% due to President Donald Trump's machinations as "a good thing."

Berman presented Rep. Kevin Kiley (R-CA) with Wednesday morning's news that the economy has gone into reverse.

"So, GDP down 0.3% in the first quarter. It was a growth rate of 2.4% in the final quarter of last year, the first contraction since 2022. What do you think this data is telling us?" Berman asked. ...

Economic data released on Wednesday showed that the American economy grew at a strong 2.8 percent in the last quarter, which was stronger than what many economists had expected.

Fox Business host Maria Bartiromo, who helped cost her network hundreds of millions of dollars when she decided to promote false claims about Dominion Voting Systems that were concocted by a woman who believes she can speak to the wind, scrambled to put a negative spin on the report.

During a roundtable discussion, Bartiromo highlighted aspects of the report that were not as positive as the topline GDP number, such as durable goods sales being down by 6.6 percent month over month....

A Fox News contributor who championed former President Donald Trump’s “thriving economy” received a brutal fact check from Americans who remember March 2020.

Dr. Janette Nesheiwat appeared on “Outnumbered” Thursday afternoon to paint a bright picture of the American economy under Trump, the candidate she’d like to see win again in 2024.

“Under Trump we had a thriving economy,” Nesheiwat said. “You could fill up your gas tank and go for a movie.” ...

Web giant Google said Tuesday that the United States stands to lose up to $3.2 trillion in potential gross domestic product (GDP) growth if it further delays policies that encourage renewable energy technology.

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday a Republican spending cut plan would not cause a big dent to U.S. economic growth, but could cost around 200,000 jobs.

TOKYO – Japan lost its 42-year ranking as the world's second-biggest economy to China in 2010, with data on Monday showing a contraction in the last quarter due to weak consumer spending and a strong yen.