US economic growth for last quarter is revised up to a solid 3% annual rate

The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment ... Read More

US Economy Grew at a Stronger Pace in Second Quarter

The US economy grew at a slightly stronger pace in the second quarter than initially reported, reflecting an upward revision to consumer spending that more than offset weaker activity in other ... Read More

‘The sky is not falling’: US economy added 142,000 jobs in August

The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. Read More

US Shoppers Sharply Boosted Spending at Retailers in July Despite Higher Prices

It showed that America’s consumers, the primary driver of economic growth, are still willing to spend. The prospect of a still-growing economy is likely ... in the April-June quarter. Read More

Japan Economy Likely Resumed Growing in April-June Quarter on Spending Recovery

The Japanese government is scheduled to release gross domestic product data for the April-June quarter on Thursday ... into the strength of the nation's economic recovery amid speculation over ... Read More

A key inflation gauge showed price hikes slowed last month. But economic jitters remain

US wholesale inflation slowed as expected in July ... what Boussour sees as a gradual slowdown in the economy, she’s projecting three quarter-point rate cuts from the Federal Reserve to close ... Read More

US inflation slowed again in July, clearing the way for the Fed to begin cutting rates

FILE - Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, June 12, 2024. Powell will be interviewed at the Economic Club of Washington ... Read More

India Q1 FY25 GDP Data Highlights: Indian economy hits 15-month low of 6.7% in June quarter

India's gross domestic product (GDP) for the April-June quarter of fiscal 2024-25 (Q1FY25) came in at 7.8 per cent, driven by strong growth in the manufacturing sector. The Indian economy beat ... Read More

Charting the Global Economy: US Retail Sales Chugging Along

(Bloomberg) -- Brisk July retail sales along with fewer applications for unemployment benefits underscored a US economy with ... a sixth straight quarter and job growth slowed. Read More

UK Economy Grows 0.6% Between April and June as It Recovers From Recession

Britain's economy continued its recovery from recession at the end of last year, with its GDP increasing by 0.6% between April and June, official figures showed Thursday. The second-quarter growth ... Read More

India Q1 GDP Highlights: Real GDP growth slows to 6.7% in April-June quarter

India’s Gross Domestic Product (GDP) growth for the first quarter of the current financial year 2024-25 is expected to have s ... Read More

US economic growth for last quarter is revised up to a solid 3 percent annual rate

The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 2.8 percent rate from April through June. Read More