US economy shrinks in first quarter of 2022
Edited By WION Video Desk
Published: Apr 28, 2022, 23:54 IST | Updated: Apr 28, 2022, 23:54 IST
The US economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic relief money from the government, but the decline in output is misleading as domestic demand remained strong.
trending videos
)
Ebola outbreak intensifies: 90% cases reported in Ituri region
)
Saudi-Iraq row escalates: Yemen governemnt warns of escalation with Houthis
)
Cheap, accurate & deadly: Iran's Kheibar Shekan missile is becoming even more dangerous!
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Seattle mass shooting: At least three killed & dozens injured in deadly food festival shooting
)
Video: Grain vessel struck by Russian cruise missiles sinks 7 days after the attack that killed 10
)
14-year-old Andhra Pradesh girl selected to build satellite
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
Kate Bush fans celebrate 'The Most Wuthering Heights Day Ever 2026'
)
Israel’s Prime Minister Benjamin Netanyahu heads to US amid Zohran Mamdani’s protest call
)
France & Spain battle 'unpredictable' wildfires
)
PM Modi Announces Exam Reform Task Force | Iran Tanker Blast | Ukraine War | Houthi Attack
)
Russia-Ukraine War: Russia drops 3-tonne Glide bombs on Ukraine
Russia-Ukraine War: Russia drops 3-tonne Glide bombs on Ukraine
)
WION Health Pulse: India's pharma power | Global healthcare lifeline
)
Ranbir Kapoor Makes Time 100 Most Influential List | Ranbir Kapoor to Play Lord Rama
)
Nepal seeks India's approval for national ID card as travel document
)
PoK: Polls amid protests, police crackdown, and restrictions
)
US-Iran War: Iran's Kheibar Shekan missile beats American air defences
)
India aims for 200-ship navy by 2035 to counter China & Pakistan
)
How West Asia Conflict Affects India
)
Central Bank Policy Will Depend on Oil Price
)
El Niño Looms as Oceans Warm Up
)
Art meets nature in Australia
)
India summons Ukraine envoy over Indian seafarer's death
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
Pak eyes defence pact with Qatar & Turkiye
)
VIDEO | Rape, religious conversion, blackmail: Wife of Air Force official makes serious allegations on former classmate
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
India: Discussion on paper leak in Parliament to take place on Tuesday
)
European-Led NATO in Planning if Trump Pulls Out
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Hungary PM-Elect Vows State Media Overhaul
)
Spain: Fresh wildfires break out in Valencia
)
People of Pakistan occupied Kashmir boycott elections, join protest march
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Meta faces scrutiny after report alleges thousands of AI nudify app ads
)
Furious Iran vows retaliation after 'Ukraine attacks' Iran vessel 'on Israel's behest'
)
New York Mayor Mamdani says officials should arrest Benjamin
)
Corporate America reverses hiring freeze as AI meets human limits