The US financial system simply had its worst quarter since 2022 as President Donald Trump’s vital coverage adjustments unnerved shoppers and companies. Gross home product, which measures all the products and companies produced within the financial system, registered at an annualized fee of -0.3% within the first quarter, the Commerce Department mentioned. That’s a pointy slowdown from the fourth quarter’s 2.4% fee, and far worse than the 0.8% fee economists projected. #CNN #News
