U.S. economy grew 2.8% in second quarter, a robust unexpected strengthening

Fresh data from the Commerce Department on Thursday showed that gross domestic product grew at a 2.8 percent annualized rate. Read More

US economy grew much faster than expected in 2nd quarter

The U.S. economy grew much faster than expected over three months ending in June, accelerating from the previous quarter and defying concerns about a possible slowdown. U.S. GDP grew at a 2.8% ... Read More

What you need to know about America’s shockingly good economic report

even as economic growth accelerated. That’s a crucial development for the Federal Reserve, which is widely expected to pare back interest rates from a 23-year high in the coming months. “Buried deep ... Read More

US Economy News Today: Mortgage Rates Drop For Second Week in a Row, Freddie Mac Says

Today, initial jobless claims matched their high point this year and Federal Reserve speakers are expected to give their take on how the fight against inflation is going. Read More

The US economy grew way faster than expected this spring

US real GDP blew past expectations in this year's second quarter. It rose 2.8% compared with a forecast of 2%. Read More

Economy Grew Slightly Better Than Forecast in Q1 But Is Still Slowing

The U.S. economy grew at a 1.4% annual pace in the first quarter, slightly better than initial estimates ... The two presidential candidates are expected to lay out their widely different views ... Read More

US Economy Grew Faster Than Expected Last Quarter on Firm Demand

US economic growth accelerated by more than forecast in the second quarter, illustrating demand is holding up under the weight of higher borrowing costs. Read More

US growth likely picked up last quarter after a sluggish start to 2024, reflecting resilient economy

The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace ... Read More

How a slowing GDP might be good news for the economy

The Federal Reserve will be looking for signs that the economy is slowing in a manageable way so that it can cut interest rates. Read More

US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and ... far more than economists expected but less of a decrease ... Read More

Tesla's 2nd quarter deliveries better than expected

Tesla delivered more of its electric vehicles than expected ... news, with Tesla’s stock posting an over 8% increase. Tesla shares are down about 11% for the year. GET FOX BUSINESS ON THE GO ... Read More

America’s Frozen Housing Market Is Warping the Economy

If you locked in a dirt-cheap mortgage when interest rates were low, congratulations for being one of the winners in America’s skewed housing market. Renters, realtors and recruiters are among ... Read More