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US economy grew 2.8% in 3rd quarter, slower than expected
US economy grew 2.8% in the third quarter, slower than expected
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday. That pace is slightly slower than what economists forecasted.
The economy grew 2.8% in the third quarter. How it could affect Fed interest rates
In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer spending makes up about 70% of economic activity.
U.S. economy grew at 2.8% pace, slowing slightly ahead of elections
Fresh data from the Commerce Department shows that gross domestic product grew at a 2.8 percent annualized rate.
1d
on MSN
Microsoft forecasts slower cloud business growth in second quarter
Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, ...
1d
on MSN
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that ...
2d
Recursion to Report Third Quarter 2024 Business Updates and Financial Results on November 6th
Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, announced today it will provide business updates and report its Q3 2024 financial ...
1d
Alphabet's AI Investments Boost Cloud Sales, Lifts Maturing Ad Business
Alphabet's total revenue increased 15% to $88.27 billion in the July-September period, while analysts on average expected $86 ...
2d
MGM Resorts misses quarterly estimates on sluggish Las Vegas business
MGM Resorts International missed market expectations for third-quarter profit and revenue on Wednesday, hurt by weak sales in ...
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