The U.S. stock market was trading down Wednesday morning, as investors assessed fresh data showing the economy declined slightly in the first quarter. Real gross domestic product in the U.S.
Q3 GDP came in at a boomy 4.9%. The primary drivers were inventories and personal consumption, at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is ...
Global central bank interest rates have tripled to its highest level since 2000. Yet industrial output has remained high, which is unusual for periods when rates are moving sharply higher. "We don't ...
The September jobs report was filled with cross-currents, some showing possible economic weakness, some showing strength. This makes the Fed’s job exceedingly difficult. Is the economy strengthening ...
The world’s GDP still grew a healthy 6.9% in 2018, up from $80.2 trillion in 2017 to $85.8 trillion. Nearly half of this growth came from the world’s two largest economies: the United States, at $20.5 ...
China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and ...