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Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter 2024.
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
Ed Perks, manager of the 73-year-old Franklin Income Fund, is investing equally in stocks and bonds, often from the same companies. He shares some picks.
TUPELO – The Mall at Barnes Crossing has been sold for more than $53.2 million to Miami-based Rialto Capital Advisors, who was the lender for former majority owner Brookfield Properties.
An Alaska brown bear has a new shiny smile after receiving the world's largest dental crown, made by Creature Crowns of Post Falls, Idaho.
Gov. Phil Scott signed a tax credit package on Wednesday that is projected to provide $13.5 million in breaks for low-income workers, families, veterans and retirees.
President Trump’s net approval rating has hit a new low in the latest Economist/YouGov poll, taken as he moved to involve the U.S. in conflict in the Middle East.
The Indiana Pacers dominated the Oklahoma City Thunder 108-91 in Game 6, winning outright as 5.5-point underdogs to force a Game 7 in the 2025 NBA Finals on Sunday night back in Oklahoma City.
Hodge Construction, which started as a small contractor in 1981, has kept a low-profile while developing major projects in Iowa City, Coralville, North Liberty, Cedar Rapids and Hiawatha.
Former Illinois House speaker Michael Madigan sentenced to 7 1/2 years and fined $2.5 million for corruption in a landmark case against the longest-serving U.S. legislative leader.
The Ferry Fire, burning along Highway 206 in Sherman County, nearly doubled in size overnight as evacuations remain in place.