US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter

Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation. Read More

U.S. Stocks Rally Amid Easing Worries About Possible Rate Hike

Traders have recently expressed some concerns the Fed's next monetary policy move could actually be an interest rate ... quarter following a revised unchanged reading in the fourth quarter. Economists ... Read More

U.S. Stocks Move Mostly Higher Following Early Volatility

After fluctuating early in the session, stocks have moved mostly higher over the course of the trading day on Thursday. The major ... Read More

Solid US job, wage growth expected in April

Labor market endurance, however, leaves the Federal Reserve in no rush to start cutting interest rates, which could significantly slow down the economy. The U.S. central ... Wage growth in a 3%-3.5% ... Read More

U.S. growth fell sharply to 1.6% last quarter, pressured by high interest rates

The nation’s economy slowed sharply last quarter, but consumers — the main driver of economic growth — kept spending at a solid pace. Read More

U.S. Wage Growth Accelerated in First Quarter, Foiling the Fed

WASHINGTON–U.S. wage growth picked up in the first three months of the year and remained well above its prepandemic pace, adding to evidence that the Federal Reserve’s war on inflation is far from won ... Read More

U.S. 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. The repor ... Read More

Growth in US labor costs accelerates in first quarter

U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much- anticipated ... Read More

Stocks plummet on report U.S. GDP growth slowed to 1.6% in first quarter

U.S. gross domestic product slowed to a lower than expected 1.6% in the first quarter, according to a Thursday Bureau of Economic Analysis report. In the fourth quarter 2023 It was 3.4%. Read More

Markets fall as investors worry about low economic growth and stubborn inflation rates

US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. Read More

French, Spanish, German and Italian growth beats forecasts, boosting hopes eurozone technical recession is over – business live

Rolling coverage of the latest economic and financial news, as French GDP accelerates, and HSBC announces CEO’s retirement ... Read More

Hawthorne Sales Plunge Again

Scotts Miracle-Gro Reports Second Quarter Results. Strong first half 2024 execution has Company on pace for full-year targets U.S. Consumer second quarter net sales of $1.38B equal record high Q2 2024 ... Read More