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US economy grew 2.3% in 4th quarter, slower than expected
GDP: US economy grows at slower-than-expected pace in fourth quarter
The US economy grew at a slower-than-expected pace in the fourth quarter. The Bureau of Economic Analysis's advance estimate of fourth quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
US economy slows in the fourth quarter; spending robust
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter.
Biden, fuel economy
Trump administration to reverse Biden’s fuel economy standards. Here’s what to know
The fuel economy standards have been in place since the 1970s energy crisis and were intended to conserve fuel and save consumers money at the gas pump.
US moves to repeal Biden administration vehicle fuel economy standards
New U.S. Transportation Secretary Sean Duffy signed an order on Tuesday directing U.S. regulators to rescind landmark fuel economy standards issued under President Joe Biden that aimed to drastically reduce fuel use for cars and trucks.
Transportation Secretary Seeks Rollback of Biden’s Fuel Economy Standards
The order is the latest Trump administration effort against Biden-era initiatives that intended to promote electric vehicles and reduce greenhouse gas emissions.
4h
on MSN
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy ...
1h
on MSN
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
8h
on MSN
Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
3h
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers ...
6h
Mexico's economy posts first quarterly contraction since 2021
Mexico's economy shrank more than expected in the fourth quarter on a sequential basis, preliminary data from national ...
1d
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
1d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
1d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
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