U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in ...
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of ...
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.