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Boston Fed president Susan Collins said the central bank will likely need to cut interest rates further, the latest in a chorus of Fed policymakers to publicly support more monetary policy easing ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Here's what else happened today: DirecTV and Dish Network are combining to form a massive pay-TV provider. China's bond market seems skeptical that recent stimulus will be enough to revive its ...
this is a breaking news update. AP’s earlier story follows below. NEW YORK (AP) — Wall Street is rallying Tuesday after a round of reports suggested the economy is in better shape than feared.
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The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The Bureau of Economic Analysis reported on Thursday that the U.S. economy expanded at a better-than-expected 6.9% annualized rate in Q4, up from Bloomberg economists' consensus estimate of 5.5%.