U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...

The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back ...

The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume ...

Economic output in the fourth quarter is expected to increase at a solid rate in this week’s initial GDP estimate from the ...

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is softening after the US Gross Domestic Product (GDP) release for the fourth quarter. Meanwhile ...

The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal ...

Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...

The US economy expanded at a 2.3% annualized rate in Q4. Growth was held back by a slower stockpiling in inventories, but boosted by solid consumer spending, both of which may partially reflect a pull ...

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...

US economic growth slowed in the third quarter, but beat some economists' expectations of a bigger contraction. The Commerce Department data put GDP growth at 1.9% during the three months ...