Revised Data Shows US Economy Grew at 3.4% Rate in Fourth Quarter

The United States economy witnessed a robust 3.4% annual growth rate in the final quarter of the year, according to the latest governmental update released on Thursday. Originally, the economy’s ... Read More

US Economic Growth for Last Quarter Is Revised up Slightly to a Healthy 3.4% Annual Rate

US Economic Growth for Last Quarter Is Revised up Slightly to a Healthy 3.4% Annual Rate WASHINGTON (AP) — The U.S. economy ... rate in the fourth quarter. That was down from 2.6% in the third ... Read More

GDP update boosts U.S. fourth-quarter economic growth rate to 3.4%

The numbers: The final reading of U.S. growth in the 2023 fourth quarter ... a 2% annual rate — matching the Fed’s 2% inflation goal. The central bank aims to get the rate of inflation down ... Read More

US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

US Manufacturing Output Increases in March; February Data Revised Higher

Manufacturing output rose 0.5% last month after an upwardly revised 1.2% rebound in the prior month, the Federal Reserve said on Tuesday. Factory output was previously reported to have rebounded 0.8% ... Read More

IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts

The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation problem harder to solve, according to the International Monetary Fund. Read More

IMF Says Global Recovery Steady But Slow

The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years as ... Read More

TCS outperforms Infosys in revenue growth for the first time in five years

Although TCS is much bigger than Infosys in size, it has still outperformed its Bengaluru-based next-best rival hands down. Read More

At ₹7,969 crore, Infosys records flat net profit in Q4, guides modestly for FY25

Deal pipeline remains robust as large deal total contract value (TCV) stands at $4.5 billion in Q4, higher than $3.2 billion recorded last quarter. Even as the pipeline looks strong, the outlook ... Read More

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

WASHINGTON (AP) — The ... s favored measure of prices — called the personal consumption expenditures price index — rose at a 1.8% annual rate in the fourth quarter. That was down from 2.6 ... Read More

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

On Thursday, March 28, 2024, the U.S. government issues the third and final estimate of economic growth in the October-December ... index — rose at a 1.8% annual rate in the fourth quarter. That was ... Read More

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

But last quarter's growth was still a solid performance, coming in the face of higher interest rates and powered by growing consumer spending, exports and business ... fourth quarter. That was ... Read More