The US economy grew at a 3% annual rate in the second quarter of 2024, according to the Commerce Department’s latest report.

Consumer spending, which accounts for about 70% of US economic activity, rose at a 2.9% annual rate last quarter, up from 2.3% in the government’s initial estimate.

Despite concerns about high-interest rates, recent data suggests that the economy remains strong. According to measures from the Conference Board and the University of Michigan, consumer confidence ...

Many Americans are still frustrated by high prices even though inflation has significantly dropped since hitting a four-decade high in mid-2022 ...

Tariffs are effectively a tax on foreign-made products sold in the US. They were used to motivate consumers to ... Fiscal ...

Economists predict the economy grew at a 2.8% seasonally adjusted annual pace from April through June. That follows a 1.4% annual growth pace in the first quarter, the slowest since spring 2022.

ISM Services PMI Rises To 51.5, Beating Analyst EstimatesThu, 05 Sep 2024 15:14:45 GMT US Labor Market Cools ... Looking ahead, the short-term outlook for the economy remains uncertain.

Wall Street stocks advanced on Thursday, following in the steps of the FTSE 100 and European indices as the US economy ...

The US economy grew faster in the second quarter than earlier figures suggested, as revised consumer spending data outweighed declines in other areas. Gross domestic product increased at an annualised ...

Did you know that India, which is the world’s 5th largest economy, has leapt from the 11th to the 5th spot in just a decade?

As the world navigates major challenges, the transitions that are required to do this effectively are going to call on risk ...

At least four Palestinians were killed and others were injured, including children and women, in Deir Al-Balah.