GDP

U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...

The advanced estimate for second quarter GDP growth just came out at 4 percent. That's a major reversal from the final first quarter number of negative 2.9 percent. Related numbers were strong too. The price index for gross domestic purchases increased by 1.8 percent. Real personal...

Brent crude oil traded steadily at $107.52 at 7:00 GMT on Wednesday morning as investors anxiously awaited the Federal Reserve meeting outcome as well as key U.S. data, due out on Wednesday and Friday. The commodity has been under pressure recently despite ongoing conflicts in oil-rich regions...

Time is a wonderful thing. Having plenty of it pass since the Q1 2014 final U.S. GDP report of negative 2.9 percent has helped the Street to forget that weather was the laughable excuse for the poor economic data. Thursday morning, meanwhile, Morgan Stanley (NYSE: MS) was out with a note...

U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...

Brent crude oil looked poised to fall below $113 and post its largest weekly loss in almost six months. The commodity traded at $113.05 at 7:45 GMT on Friday morning as concerns about a supply interruption in Iraq eased. Iraq’s southern oilfields, which produce the majority of the nation...

U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...

U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...

U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...

U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...

Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...

Many auto companies have released their U.S. sales figures for November. Investors closely follow these monthly data releases as an indication of the strength of the macro-economic environment, the entire auto sector and individual companies. Barclays boosted its fourth quarter GDP tracking...

Various news sources, including the New York Times reported that the eurozone grew “just” 0.1 percent from the second quarter, according to data released on November 14. The dismal economic growth dampened hopes that the continent was on track for a full-fledged recovery after five years of...

Jack Welch, Jack Welch Management Institute executive chairman and former chairman and CEO of General Electric (NYSE: GE) was Friday morning's guest host on CNBC's Squawk Box. Currently, he sees an uneven economy that's bogged down by government, and according to Welch, the Affordable Care Act...

QSR predicted it. Wall Street apparently confirmed it. The government shutdown is hurting restaurants, and as a result, restaurant stocks. Leading decliners at noon on Wednesday were Frisch’s (NYSE: FRS), down more than four percent, Brinker International (NYSE: EAT) down almost two percent,...