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The surprise decline in the economy has sent markets on a volatile ride, but a deeper look at the data may explain why stocks managed to recover from their initial plunge.

A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...

But a newly updated forecasting tool from the Federal Reserve Bank ... the Atlanta Fed's GDPNow model is forecasting a 3.7% contraction in the U.S. economy for the first quarter.

WASHINGTON >> The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs and underscoring ...

WASHINGTON, April 30 (Reuters) - President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S. economic contraction and tariffs that ...

Wall Street and a closely watched forecasting tool both took a gloomier view of projected first-quarter U.S. economic growth after a pair of downbeat data releases Friday The GDPNow tracker ...

Data out Tuesday showed activity in the manufacturing sector slipped into contraction for the first time this year and costs continued to surge as suppliers weigh the impact of President Trump's ...