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The Atlanta Fed's GDPNow Tool model, which incorporates data from the current quarter to project GDP, estimates the US economy will have grown at an annualized rate of 2.6% in the fourth quarter.
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...
While my baseline forecast suggests the U.S. economy will avoid a recession in 2025, the Fed may need to ease policy in the second half of next year to prevent stalling growth in 2026.
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Business and economy. 2024 United States port strike. Over 45,000 dockworkers of the International Longshoremen's Association operating at thirty-six United States ports, primarily along the East Coast and the Gulf Coast, begin a labor strike, following the failure of the ports to reach a deal for worker compensation and a ban on automation.
What's going on with inflation and the economy? Inflation, or the rate at which prices for goods and services change over time, has cooled since it reached a 40-year peak of 9.1% in June 2022.
The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history" after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024.
Eleven people are injured during a mass shooting outside a nightclub in Queens, New York, United States. (The Nightly) FBI agents announce the seizure of more than 150 homemade pipe bombs and other explosive devices from a home in Isle of Wight County, Virginia, United States, "the largest seizure by number of finished explosive devices in FBI ...
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