US economic growth slows to 1.5% in second quarter

The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.

US GDP Grows Less-Than-Expected 1.5% in Second Quarter

The US economy grew at a weaker-than-expected pace in the second quarter as inflation-adjusted gross domestic product increased an annualized 1.5% in the period, despite a pickup in consumer spending and solid business investment. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)

U.S. Economy Grew More Slowly in the Second Quarter

Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.

By Talmon Joseph Smith

US economy grew less than expected at 1.5% rate in second quarter

Slowdown comes amid continued impact from Middle East war

Economy slowed in second quarter, while inflation improved

The economy slowed to 1.5 percent growth in the second quarter, the Commerce Department said Thursday. Inflation cooled to 3.3 percent, but stayed well above the Federal Reserve's target.

By David J. Lynch

The economy slowed a bit -- but Americans continued to spend

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.

By Scott Horsley

Supreme Court tariff, birthright citizenship decisions cost US 'TRILLIONS,' Trump says

President Donald Trump asserted that the U.S. Supreme Court's decisions on tariffs and birthright citizenship have cost the country "TRILLIONS."

US hits multiple targets in Iran as IRGC pledges retaliation: What we know

Jordan said it intercepted missiles shortly after the US struck Iranian sites including Qeshm and Bushehr.

U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

Could US subterranean warfare be a future threat to China’s military defences?

The United States could be developing underground warfare powers and China should guard against the potential threat to its national security, Chinese think tanks have warned. As drones and precision-guided weapons increasingly dominate ground combat in conflicts, military theorists are exploring the strategic potential of subterranean space as a possible dimension of future warfare. Palmer Luckey, founder of defence technology company Anduril, has promoted the concept of a “subterrene” – a...

By Liu Zhen

The American Dream at the Hungarian National Museum

A temporary exhibition highlights the stories of some of the notable Hungarians who tried their luck in the United States during the country's 250-year history.

By Klág Dávid

US launches wave of strikes on Iran in response to Tehran missile attack in Jordan

The US military completed a "heavy wave of strikes" against Iran on Thursday in retaliation against Tehran targeting American bases in Jordan, as fighting intensified in the Middle East war after a nearly week-long pause. The reignited hostilities have drawn in the Islamic republic's proxies, and appear to have dashed hopes of a quick return to negotiations between the foes. US President Donald Trump had vowed to hit Iran "hard" after Tehran launched missiles at Jordan, its first regional str...

By FRANCE24

Americans are spending plenty — but they’re saving much less

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

By Jeffry Bartash

Angry Trump hits out at Supreme Court justices over cost of his losses

President claims highest court has deprived U.S. of ‘trillions and trillions of dollars’ by ruling against him

By Joe Sommerlad

US signs mega $58.6bn deal for Patriot missiles as stock runs low amid Iran war

The United States awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal ensures long-term production of crucial air defence interceptors for the US Army. Concerns over dwindling missile stockpiles influenced this major procurement decision. The agreement aims to triple production capacity and boost employment at a key facility. This expansion supports broader Pentagon efforts to accelerate weapons manufacturing globally.

By AYUSH PANDEY

US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns

The contract is expected to dramatically increase the United States' interceptor inventory, which has been depleted by the wars involving Iran and Ukraine

US economic growth slows in second quarter, missing expectations

Italy's GDP grew by 0.2% in second quarter says Istat

(ANSA) - ROME, JUL 30 - Italy's Gross Domestic Product (GDP) increased by 0.2% in the second quarter of this year with respect to the previous three months and by 1.0% compared to the same quarter in 2025, according to preliminary data released by Istat on Thursday. The national statistics agency said the year-on-year growth figure was up from 0.8% in the first quarter. It added that it has revised up its forecast for Italian growth for 2026 as a whole by 0.2 of a percentage point from 0.6% t...

By ANSA

France Q2 GDP rises 0.2%; annual growth misses forecasts

US resumes Iran strikes as war ‘widens’

“We are going to be hitting them very hard because it’s our turn,” President Donald Trump said

By Arion McNicoll, The Week UK

US military says it hit dozens of Iran's IRGC targets

Iran's state media reported that three people were killed in US strikes on Qeshm Island

By Reuters

US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment

US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issued Thursday by the Bureau of Economic Analysis. This was well below the 2.0% median estimate.  The contributors to the increase in real G...

By Tyler Durden

Rob Urie – Empire Versus Civilization: The US Is Now Officially a Pariah State

Rob Urie shreds the downtrodden state of the Empire, including the desperation revealed by reviving the tired "Communist" bugaboo.

By Yves Smith

Iran’s Guards say three members killed in US attack on northwest

Iran's Revolutionary Guards said on Thursday that three of its members were killed in an attack by the United States on the northwestern province of Zanjan. The post Iran’s Guards say three members killed in US attack on northwest appeared first on Vanguard News.

By Ayobami

Dutch economy still trudging along despite global unrest; 0.4% growth in Q2

The Dutch gross domestic product (GDP) rose by 0.4 percent in the second quarter of 2026 compared to the previous quarter, Statistics Netherlands (CBS)

By 90609