GDP grew at a 2.3% pace in the fourth quarter, less than expected
The U.S. economy experienced slower growth than expected in the fourth quarter of 2024, with GDP increasing by 2.3% annually, ...
Tag: Breaking news
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve decided to keep its key interest rate steady in a range between 4.25%-4.5%, reversing a trend of ...
Core inflation rate slows to 3.2% in December, less than expected
Prices for goods and services increased by 0.4% in December, resulting in a 2.9% inflation rate for the year, according ...
Budget deficit rose in December and is now 40% higher than it was a year ago
The federal budget deficit increased during December, with a $86.7 billion shortfall marking a 33% decline from the previous year. ...
Google faces first major probe under UK's tough new antitrust rules
The Competition and Markets Authority in the UK has launched a formal antitrust investigation into Google's search and search advertising ...
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced the forgiveness of student debt for over 150,000 borrowers, including ...
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Job growth in December exceeded expectations with nonfarm payrolls increasing by 256,000, up from 212,000 in November and surpassing the ...
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Private sector job creation in December slowed more than expected, with companies adding 122,000 jobs, the smallest increase since August. ...
China's December factory activity growth misses expectations as experts decry insufficient stimulus
China's factory activity growth in December fell short of analysts' expectations, with the official purchasing managers' index coming in at ...
Key Fed inflation measure shows 2.4% rate in November, lower than expected
In November, prices remained stable but still exceeded the Federal Reserve's target compared to a year ago, with the personal ...
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