US growth likely slowed last quarter but still pointed to a solid economy

The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates ... Read More

Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

Stubborn inflation and strong growth could keep the Federal Reserve ... to about 4.6 percent from their current 5.3 percent. The officials maintained that call in their March economic projections. 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 ... model issued by the Federal Reserve Bank of Atlanta. Thursday’s GDP report also suggested ... Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

Rapid economic growth could ... prices rose 0.3% from February to March, which generally is too fast for the Fed's liking. One reason why Powell suspects the economy can keep growing even as ... Read More

National and World news stories | Newsday

Read the latest national and world news, including stories from Newsday's reporters in Washington, D.C. Young brother and sister dead, several hurt when vehicle crashes into Michigan birthday ... Read More

World News

Having a team in the world’s richest sports competition might alter how people think of Luton, a place long dogged by a ramshackle image and links to extremism. The administration’s top drug ... Read More

Fourth-quarter economic growth revised up to strong 3.4% rate

GDP growth in the fourth quarter was revised up by 0.2 percentage points to a 3.4% seasonally adjusted annual rate, showing the economy ended 2023 on stronger footing than previously realized. Read More

Pakistan Growth Seen Below 3% for Next 2 Years, World Bank Says

Pakistan’s economic growth is expected to pick up from the current fiscal year but remain below 3% for the next two years, according to the latest estimates from the World Bank. The economy is ... Read More

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

For all of 2023, the U.S. economy — the world's biggest ... it has dropped to 3.2%, though it remains above the Fed's 2% target. The combination of sturdy growth and easing inflation has ... Read More

WORLD NEWS

WASHINGTON: The US Supreme Court on Thursday confronted a major test of the power of the presidency as the justices began hearing arguments over Donald Trump's bid for immunity from prosecution ... Read More