The United States economy has unexpectedly shrunk at a rate of 0.3 per cent during the first three months of the year, in the first decline in gross domestic product [[GDP]] since 2022. As analysts say a recession is now more likely, President Donald Trump has told a Cabinet meeting the result is due to the Biden Administration's policies, not his tariffs plan.

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SBS News In Depth Folgen
Hear the story behind the headlines. In each episode, we’ll help you make sense of the news stories that matter to you from Australia and the world, with reports and interviews from the SBS News team.
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Folge vom 01.05.2025Trump blames Biden for US economy's shrinkage since he assumed the presidency
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Folge vom 01.05.2025What are First Nations voters looking for in this election?Cost of living, housing, Medicare – some of the issues central to this election. But what some experts and advocates are saying is “absent” from the campaign trail is First Nations affairs. What are the key policy announcements? What are the interests and concerns of First Nations people? Where should Australia go after the referendum outcome?
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Folge vom 30.04.2025One on One: Foreign Minister Penny WongLast week, SBS spoke to Opposition Foreign Affairs spokesman David Coleman. This week, SBS Chief Political Correspondent Anna Henderson speaks to Foreign Affairs Minister, Penny Wong, on a range of issues heading into Saturday's federal election.
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Folge vom 30.04.2025Easing inflation likely locks in May rate cutSBS Finance Editor Ricardo Gonçalves speaks with Micaela Fuchila from Jarden Group about how easing inflation is likely to prompt a May interest rate cut, along with the market reaction with Francesco De Stradis from Ord Minnett... while Veroncia Lenard speaks with CEDA's James Brooks about the personal cost savings of working from home.