GDP

The interest rate shuffle might continue today, with U.S. stocks apparently taking their cue from what’s going on in the Treasury market. A negative tone prevailed early as yields sank again. A few weeks ago, stocks and Treasuries were both marching upward in sync, which is a bit unusual. Now...

It looks like things might start the new week right where they left off last Friday: In the red. Those worries about global growth haven’t necessarily gone away, and yesterday’s political developments in Washington—which some analysts saw saw as positive for stocks—aren...

The Federal Open Market Committee (FOMC) concluded its meeting at 2 PM ET today and announced that the Federal Reserve would not raise fed fund rates. The revised dot plot—which records individual committee members' projections for where interest rates will be at year-end—indicated...

Crucial payrolls report as equities signal global economic concerns spreading to United States Christmas retail sales indicate American healthy consumer spending Moderate improvement expected in job creation The U.S. Labor Department will issue its Employment Situation Report on Friday January...

As economists predicted, the U.S. economy surged in the last earnings period. What Happened Gross domestic product posted the strongest quarter of growth since 2014, with the second quarter’s 4.1-percent annual rate accelerating from the first quarter’s 2.2 percent, according to...

The U.S. economy grew by 3 percent in the second quarter, which not only marks a major improvement from the original 2.6 percent growth figure last month, but represents the fastest pace of growth seen in two years. But billionaire investor Warren Buffett isn't 100 percent convinced this figure...

President Donald Trump could realize a major victory by introducing tax reform, according to a Bloomberg poll of 38 economists and experts. Among those surveyed, 29 expect Congress to pass a tax-cut legislation before November 2018. Also, the tax cut could result in an incremental 0.2 percentage...

Economic health is sound enough for the market to expect the Fed to continue with its measured pace of rate increases. Therefore, when Federal Reserve chair Janet Yellen sounded dovish at last week's semi-annual monetary policy testimony, it came as a surprise. The testimony, which cast a cloud of...

The U.S. economy under Barack Obama seems to have faltered as the former president hit the homestretch. Advance estimates released by the Bureau of Economic Analysis report on Friday showed that the U.S. economy slowed more than expected in the fourth quarter, rendering the annual GDP growth...

Real GDP (gross domestic product) rose at a 3.2 percent rate in Q3, according to a preliminary report from the Bureau of Labor Statistics. This represented the best sequential growth rate since GDP rose 5.0 percent in Q3 of 2014. Argus’s Jim Kelleher said the latest strong GDP reading...

Consumer spending for the month of September rose 0.5 percent from a month earlier, which exceeded the 0.4 percent growth economists surveyed by the Wall Street Journal were expecting. The Wall Street Journal further noted that personal-consumption expenditures rose at a 2.1 percent pace in the...

Consumers are after all a segment that cannot be cowed down by see-sawing fortunes of the U.S. presidential race. Armed with the confidence bestowed by a healthy job market, consumers look set to make this holiday season their own. A report released earlier in the day by the Bureau of Economic...

The Fed's task is now cut out. The U.S. economy is chugging along at a fairly decent clip and the job market, the spotlight of the Federal Reserve in its monetary policy deliberations, is kicking into top gear. Can it take its next step toward monetary policy normalization in the current...

The British people voted in late June of this year to officially withdraw membership from the European Union. Opponents of the move, dubbed the "stay campaign," argued that leaving the union would create immediate economic hardships. The country's latest GDP figures don't...

The U.S. is now more than six years removed from the worst of the economic recession that followed the Financial Crisis in 2008-2009. The Federal Reserve finally deemed the economy strong enough for its first modest interest rate hike back In December. However, global economic jitters,...