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.
US economic growth slows despite consumers spending more
Economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.3% between October and December, down from 3.1% in the three months before, according to the US Commerce Department.
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald ...
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
Kelly Loeffler, President Trump's nominee to lead the Small Business Administration, used her opening statement to speak ...
A two-page memo, totaling less than a thousand words and packed with right-wing rhetoric, threw the fate of the US economy into uncertain territory late Monday as the Trump administration ordered the ...
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US Fed leaves rates unchangedUS Fed is in a holding pattern as it awaits more inflation and jobs data and clarity on President Trump’s tariffs.
John P. Hussman, who correctly called the 2000 and 2008 declines, said a recession might hit the U.S. economy as soon as in ...
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