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The latest inflation data has nudged the US economy back onto a path that points to cool inflation, steady growth, and stable interest rates, Wall Street strategists say.
Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024. ... Read the latest financial and business news from Yahoo Finance. Show comments. Advertisement.
The latest GDP report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest pace ...
Please help update this article to reflect recent events or newly available information. ( October 2021 ) In the first two quarters of 2020 amid Donald Trump 's presidency, [ 115 ] the U.S. economy suffered major setbacks beginning in March 2020, due to the novel coronavirus and having to "shut-down" major sectors of the American economy. [ 116 ]
The markets are digesting a slew of economic data on Thursday, a day after the Federal Reserve decided to pause rate hikes for now. US economy shows 'more signs of strength than weakness' in ...
Business and economy Constitutional crisis in Somalia , Transport in Somalia The Somali Airlines Operators Association, representing at least 20 airlines, suspends all flights beginning on January 22, 2025, in protest against increased government-imposed fees after disputes with the Ministry of Aviation and the Somali Civil Aviation Authority .
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The US economy is on solid footing right now. Economists at Bank of America expect it to stay that way through next year. In a research note released to reporters on Monday, BofA's economics team ...