U.S. economic growth revised up to solid 3 percent annual rate for second quarter of 2024

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

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 Thursday in an upgrade of its initial assessment. The ... Read More

Economy gets a jolt of good news as GDP rises and inflation falls

The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong ... 7.5% rate, led by a 10.8% jump in investment in equipment. Thursday’s report reflected an economy that remains ... Read More

Harris’ Economic Message--Successes Fight For Media Attention

And some scholars implicate news media’s coverage of economics in the pessimism. Political scientists Mark Copelovich and Michael Wagner found that “individuals’ views on the economy are influenced by ... Read More

Prospects for strong U.S. economy continue | Tatiana Bailey

In terms of overall economic growth, in last month’s Economic Progress Report, I talked about the still-strong U.S. economy as measured ... pretty well in the context of markedly higher interest rates ... Read More

What high-net-worth investors need to know about the potential interest rate cut

With inflation showing signs of slowing and a cooler job market, the Fed may soon lower its key interest rate, which currently stands at a 23-year high of 5.3%. Read More

Dow Hits All-Time Closing High as Rate Cuts Loom

Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal ... Read More

Economic ‘soft landing’ not cheered by all

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the ... Read More

US Economic Growth for Last Quarter Is Revised up to a Solid 3% Annual Rate

Thursday's report reflected an economy that remains resilient despite the pressure of continued high interest rates. The state ... though they remain at relatively solid levels. 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

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

Washington — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer ... resilient despite the pressure of continued high interest rates. The state of the ... Read More

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

The U.S. economy grew last quarter at a healthy 3 percent annual pace, fueled by strong consumer spending and business investment, the government said Aug. 29 in an ... Read More