U.S. economy grew at 1.6 percent annual rate in first quarter 2024, a sharp slowdown
The U.S. economy grew by an annualized rate of 1.6 percent in the first three months of the year, a sharp slowdown from the previous quarter’s growth rate of 3.4 percent, according to the Bureau of Economic Analysis’s measurement of gross domestic product,
A surprising surge in productivity at restaurants and other businesses has helped the U.S. economy defy widespread ...
While some experts expect the economy to make a soft landing in 2024, Gary Shilling said it's more likely the country will ...
Nevertheless, having less capital available for transactions has historically been a recipe for a U.S. recession. This ...
The U.S. continues to borrow all this money even though classical Keynesian theory tells us to borrow in times of ...
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.
In the U.S., major voices in finance from Jamie Dimon to Jerome Powell have sounded the alarm on outsized levels of public ...
Economists who spoke to ABC News downplayed any alarm raised by the fresh data, pointing to resilient economic activity ...
It’s a tough time for the real-estate industry, which faces a significant test in the form of higher mortgage rates, Dave ...
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.
"It’s one thing to have moderate inflation with above-average growth," said Bret Kenwell, U.S. investment analyst at eToro.
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JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but ...
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely.
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