Off the wire
• Roundup: Singapore stocks end down 0.75 pct  • Whistle-blower faces online backlash following freeloading controversy  • China's central bank issues report on financial stability  • Belgium to investigate into suspected BND spying: media  • 87 sentenced in central China prostitution cases  • Kenyan investors calls for e-procurement to curb graft  • Morgan Stanley CEO upbeat on Chinese economy  • Myanmar's population grows at slower pace: census  • China Focus: Luxury brands cut prices to revive China sales  • Saudi-led airstrikes kill 40 Houthi gunmen in Yemen's Aden  
You are here: 　 Home

Urgent: U.S. economy contracts 0.7 pct in Q1

Xinhua, May 29, 2015 Adjust font size:

The U.S. economy shrank at an annual rate of 0.7 percent in the first quarter of 2015, revised down from the advance estimate of 0.2 percent growth, according to the second estimate from the U.S. Commerce Department released Friday. Endi