Economic Growth
2 weeks ago
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US economy expanded at brisk 3.3 pct. pace in third quarter

Led by a rise in business investment, the U.S. economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years.
US Capitol Congress money
6 months ago
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House GOP on track to undoing post-2008 financial rules

House Republicans headed toward a vote Thursday on dismantling sweeping financial rules established under President Barack Obama that were designed to head off economic meltdowns like the one that caused millions of Americans to lose their jobs and homes during the Great Recession.
9 months ago
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US adds 235K jobs, unemployment rate falls to 4.7 pct.

U.S. employers added a robust 235,000 jobs in February and wages rose at a healthy clip, a sign the economy remains on solid footing after nearly eight years of recovery.
10 months ago
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US consumer spending up slightly, inflation at 4-year high

U.S. consumer spending rose at a sluggish pace in January, despite signs of growing optimism about the economy.
1 year ago
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US consumer spending, incomes rose in September

U.S. consumers boosted their spending again in October, while their incomes increased at the fastest clip in six months.
2 years ago
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Fed Leaves Rates Unchanged; No Hint on Timing of Next Hike

The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market and offering no hints of when its next rate hike might occur. The Fed noted in a statement Wednesday after its latest policy meeting that the pace of job growth has slowed even as the overall economy has improved. The […]
2 years ago
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US consumer spending posts scant February increase

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply.
2 years ago
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Stocks tick higher on economic data before fed statement

The U.S. market is quiet for a third day in a row but mostly higher following a raft of generally positive economic reports. Investors are looking forward to the Federal Reserve’s comments on the state of the economy later in the day. Oil prices are rising on reports that major energy-producing nations will discuss curbing […]
2 years ago
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Fed hikes interest rates for first time in 7 years

The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.
2 years ago
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Political turmoil another risk for Fed

WASHINGTON (AP) – The latest on the Federal Reserve’s decision to keep interest rates at historic near-zero lows (all times local): 4:50 p.m. The Federal Reserve might soon have another reason to put off an interest-rate hike: political turmoil in Washington. The government will partially shut down Oct. 1 unless Congress coughs up the money […]