China's factory activity likely contracted for a second month in May, a Reuters poll showed on Friday, suggesting trade ...

WASHINGTON -- In second estimate, US says economy contracted 0.2% in first quarter amid Trump trade war tumult.

The decline in GDP is a notable shift from the final quarter of last year, which saw economic output increase by a solid 2.4%. It also marks the only time, other than one quarter in 2022, that the ...