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U.S. economy grew 2.3% in 4th quarter
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
44m
on MSN
Forget millennials—Baby Boomers may soon be the biggest players in the self-care economy
Baby Boomers’ spending on wellness and self-care is growing the most compared to other generations ...
22h
on MSN
Economy Exits 2024 on a Strong Note Amid Uncertainty Over Donald Trump’s Economic Agenda
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s ...
7h
on MSN
Syria’s Islamist rulers overhaul economy with firings, privatization of state firms
Syria's new Islamist leaders are undertaking a radical overhaul of the country's broken economy, including plans to fire a ...
2h
Trump's potential tariffs on Canada and Mexico are a wildcard for prices and the US economy
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up ...
4h
Redefining ROI In An AI-Driven Economy: Predictions For 2025
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
47m
on MSN
Trump admin moves to roll back Biden-era fuel economy standards
New Transportation Secretary Sean Duffy called current regulations unrealistic and costly for automakers and consumers.
17h
US GDP growth slows in Q4, but economy still 'remains strong'
The US economy grew at a slower pace in the fourth quarter, with the US Bureau of Economic Analysis (BEA) reporting GDP ...
14h
US economy finished the year on strong note, but faces hurdles
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
4h
Sterling set for fourth monthly loss as UK economy softens
The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...
2d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
2d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
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