U.S. economy slowed in second quarter as Iran war weighs on growth

Dconomic activity weakened between April and June as energy costs surged, new government data shows.

Economic growth was weaker than expected in the second quarter while inflation in June held well above the Federal Reserve's goal, the Commerce Department reported Thursday.This is breaking news. Please refresh for updates.

US economy’s growth was weaker than expected in the second quarter  CNN

Portugal’s economy is expected to have expanded by 0.4% in the second quarter of 2026, outperforming many European peers despite continued uncertainty in the global economy.

The U.S. economy churned out another robust rate of growth in the second quarter even as the Iran war boosted inflation, but that might not be so readily apparent in the latest report on gross domestic product.