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Powell emphasized the economy's strength and recalibrated interest rate cut expectations. Investors are also eyeing key employment data releases this week for further market direction.
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
USA TODAY 1 hour ago ... Join us as we cover personal finance, investing, business news, and global economic trends. Learn how to budget, save money on your TV watching, ...
The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...
A version of this post first appeared on TKer.co. Stocks closed higher last week with the S&P 500 gaining 2.3%. The index is now up 15.9% year to date, up 24.4% from its October 12 closing low of ...
Among the 11 major sectors of the S&P 500, consumer discretionary stocks were down the most, weighed by Tesla. Energy shares, buoyed by rising crude prices enjoyed the largest percentage gains.
Families are more likely to feel like the economy is in a recession. Two-thirds of parents with children younger than 18 (66%) feel the economy is in a recession, versus 54% of adults with no ...
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