The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?

That’s down from a robust 4.1% in the second half of last year. Most forecasters expect slower gains later this year. Read More

Consumer Sentiment Stable as Economy Maintains Momentum

Consumer sentiment ... the fourth quarter of 2023, with economic growth increasing to 3.4% from the prior 3.2% number. Meanwhile, the stock market is wrapping up its best quarter since 2019. Read More

Slow, but solid US economic growth anticipated in Q1; inflation likely heats up

U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations that the Federal Reserve would delay cutting ... Read More

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Read More

Financial News

US initial claims hold steady at 212,000, unadjusted claims drop; Philly Fed survey shows growth despite challenges ... developments as a core economic challenge globally. UK Inflation Softens ... Read More

Anglo American rejects BHP’s takeover offer; Darktrace to be bought; US PCE inflation rate rises – business live

The survey also found that Americans’ inflation expectations have ticked up. Surveys of Consumers director Joanne Hsu explains: The long-run business outlook inched up to reach ... Read More

Jobs Back on Radar as Second Quarter Begins With a Spending Tailwind

“Average hourly earnings growth likely picked up on the month but ... Last week saw fourth quarter economic growth being raised to 3.4% and a report that showed consumer spending increased ... Read More

Yellen says U.S. economy not likely weakening, all options open on China's overcapacity

Indeed, a number of private economists said the GDP data likely overstated any weakness in an economy that had grown at above the rate most see as its potential for nearly two years, despite ... Read More

Report: Economic conditions in Arkansas, surrounding states appear to be withstanding whipped-up inflation

Economic conditions in Arkansas and surrounding states appear to be withstanding whipped-up inflation as consumers continue to spend while shopping for lower-end and less-expensive products. Read More

US economy picks up steam, adding 531,000 jobs

(CN) — American employers added 531,000 jobs last month, signaling an accelerated recovery after a slowdown caused by the delta variant of the coronavirus. According to a Labor Department report ... Read More

Startups News

Ranked by AC kilowatts of generation installed by local office in 2023 Showcase your company news with guaranteed ... businesses are the foundation of our economy, facing unprecedented challenges. Read More