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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 ...
Those, too, look less troubling in context—slower jobs growth is a problem if America’s population is rising quickly, but far ...
The bullish euphoria that came from the possibility of a quick return to neutral rates after the Fed's 50 basis point cut in September has faded. But it's been swapped with a different bullish ...
Our economy's been shrinking much faster than economists thought with the GDP falling 0.9% in the second quarter.
Inflation has slowed, unemployment remains subdued and wages continue to rise. So why are Americans still feeling so downbeat about the economy? It’s a question that has puzzled economists for a ...
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 ...
Before this week's annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product (GDP) by 2035. Getting to that target, however ...
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