Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace. This was led by a pickup in motor vehicle sales.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
The disappointing GDP figures from Germany, France, and Italy today provide a weak backdrop for the ECB, which is set to deliver a quarter-point cut. Click to read.
Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.