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The comments came after the news Wednesday morning that the US economy grew at a slightly less rapid pace than economists had expected in the third quarter but still showed a robust annualized ...
The markets are digesting a slew of economic data on Thursday, a day after the Federal Reserve decided to pause rate hikes for now. US economy shows 'more signs of strength than weakness' in ...
Fans of USA during the Women's Gold Medal match between Brazil and United States of America during the Olympic Games Paris 2024 at Parc des Princes on Aug. 10, 2024, in Paris, France.
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.
Trump promised last week to slap a 25% tariff on imports from Mexico and Canada and an additional 10% duty on Chinese goods on the first day of his second term.
There were some signs of slowing within Monday's S&P Global data, however. The services component of S&P's report showed the index registered 55.4 this month, down from 55.7 in August.
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 ...
US economy adds 227,000 jobs in November, unemployment rate rises to 4.2% as labor market rebounds ... In its release, the BLS noted employment in the transportation equipment manufacturing ...
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