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Stocks slide as new data shows U.S. economy shrank in first quarter of 2025
Posted
April 30, 2025
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April 30, 2025
7,038
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4:21Now PlayingStocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
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