GDP

US stocks rose on Thursday despite downbeat earnings from Tesla (TSLA) and following a hotter-than-expected US economic growth reading.Dow Jones Industrial Average (^DJI) rose 0.2% while the S&P 500 (^GSPC) rose 0.4% following the…

US stock futures were higher on Thursday despite downbeat earnings from Tesla (TSLA) and following a hotter-than-expected US economic growth reading.Dow Jones Industrial Average (^DJI) futures were up slightly, while S&P 500 (^GSPC)…

by Madeleine Hubbard   President Job Biden’s story about the success of Bidenomics just keeps shrinking. The Labor Department has consistently overestimated payroll growth predictions under the 46th president and has been forced to…

by Casey Harper   The U.S. economy is growing at a slower pace, newly released economic data shows. The Bureau of Economic Analysis released Gross Domestic Product Data Thursday that showed the size of the U.S. economy increased by…

According to the Bureau of Economic Analysis, GDP growth in the first quarter of this year was 1.1%. That’s a slowdown from the last two quarters. Gross domestic product grew at a 3.2% rate in the…

GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That’s down slightly from the 3.2% growth in the third quarter. Since growth was negative in the first two quarters of 2022, growth for the entire year was 2.1%.…

by John Hugh DeMastri   The U.S. economy grew modestly in the fourth quarter of 2022, despite signs of weak domestic demand, according to the Bureau of Economic Analysis (BEA) Thursday. In the fourth quarter, inflation-adjusted gross…