The growth rate, driven mostly by an uptick in consumer spending, surprised most economists. Wealthy Americans currently ...

The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate of ...

The U.S. economy economy expanded at a strong 4.3% annual rate from July through September as consumer spending, exports and government spending all grew.

Real gross domestic product increased at an annual rate of 2.3% in Q4 2024, according to the second estimate. The latest estimate was consistent with the forecast and is slower than the Q3 final ...

The U.S. economy grew slower than expected during the third quarter of this year. Real gross domestic product increased at an annual rate of 2.8% in Q3 2024, according to the advance estimate. The ...

The U.S. economy grew slower than expected in the fourth quarter, according to new data released on Thursday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate ...

The US economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ...

Japan is set to increase defense spending to a fresh record next year as Prime Minister Sanae Takaichi’s government looks to ...

The economy picked up sharply in the second quarter as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap. The nation’s gross domestic product, the ...

The Federal Reserve has should keep cutting rates because small businesses and new startups are still being hit hard by high borrowing costs, said Brian Bethune, an economist at Boston College.

The economy slowed late last year but still turned in a solid performance as another burst of consumer spending was offset by a drop in business investment and stockpiling. The nation’s gross domestic ...

The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The Commerce Department's Bureau of Economic Analysis released its advance ...