Catenaa, Thursday, May 29, 2025– US corporate profits fell by 42% quarter-over-quarter in the first quarter, official data showed on Thursday, and risks from tariffs-related costs could continue throughout the year. Commerce Department’s Bureau of Economic Analysis (BEA) said that profits from current production with inventory valuation and capital consumption adjustments dropped $118.1 billion last […]

Catenaa, Tuesday, May 06, 2025- The US trade deficit in the first quarter of 2025 increased by over 92% to $438 billion as imports surged by 23% in the quarter ahead of the tariffs by President Trump. Commerce Department’s Bureau of Economic Analysis (BEA) said on Tuesday that the goods and services deficit increased $189.6 […]