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The Bureau of Economic Analysis reported on Thursday that the U.S. economy expanded at a better-than-expected 6.9% annualized rate in Q4, up from Bloomberg economists' consensus estimate of 5.5%.
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The September CPI report is also on the economic calendar this week, set to be released on Thursday. Economists expect the CPI index to rise 2.3% year-over-year in September, down from 2.5% in August.
An economic indicator is a statistic that conveys certain information about economic activity. Economic indicators allow investors to analyze the economic performance of a state, country or region, as well as make forecasts about future performance. For example, each quarter the United States releases data on gross domestic product (GDP). This ...
Though as Yahoo Finance's Jared Blikre highlighted last week, the rally to start 2023 might put history on the side of investors. When the S&P 500 is up more than 10% entering August, as was the ...
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]
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The Bloomberg Galaxy Crypto Index fell as much as 4.9% to its lowest since early October, while other digital currencies also slumped. 1:02 p.m. ET: S&P 500 turns red after hitting intraday record