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The Atlanta Fed's GDPNow Tool model, which incorporates data from the current quarter to project GDP, estimates the US economy will have grown at an annualized rate of 2.6% in the fourth quarter.
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 ...
WASHINGTON DC, USA - JAN. 29: U.S. Federal Reserve Chairman Jerome Powell speaks as the U.S. Federal Reserve kept the benchmark policy rate at 4.25%-4.5% as widely expected on January 29, 2025 in ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
Higher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations from the University of Michigan Surveys of Consumers. One-year-ahead ...
Business and economy Second Trump tariffs , China–United States trade war The United States Postal Service says it is temporarily refusing inbound parcels from China and Hong Kong , but reverses this policy hours later.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Then there’s the current economic backdrop. In a word, it’s solid. ... Read the latest financial and business news from Yahoo Finance. morning brief image. Show comments. Advertisement.