Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...

The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...

Federal Reserve officials are treading cautiously on interest rates against a backdrop of sturdy US economic activity and a ...

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the ...

The U.S. Department of Commerce noted on the 30th (local time) that the GDP growth rate for the fourth quarter of last year ...

The local stock market suffered another crushing blow, plunging to its lowest level in almost 15 months following the US Federal Reserve’s decision to keep interest rates unchanged and a ...

U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...

Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy ...