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U.S. economy grew 2.3% in 4th quarter
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
US economy slows in the fourth quarter; spending robust
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter.
U.S. Economy Grew Slower Than Expected Last Quarter—Weakest Q4 Since 2018
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Biden, fuel economy
Trump administration to reverse Biden’s fuel economy standards. Here’s what to know
The fuel economy standards have been in place since the 1970s energy crisis and were intended to conserve fuel and save consumers money at the gas pump.
US moves to repeal Biden administration vehicle fuel economy standards
New U.S. Transportation Secretary Sean Duffy signed an order on Tuesday directing U.S. regulators to rescind landmark fuel economy standards issued under President Joe Biden that aimed to drastically reduce fuel use for cars and trucks.
Transportation Secretary Seeks Rollback of Biden’s Fuel Economy Standards
The order is the latest Trump administration effort against Biden-era initiatives that intended to promote electric vehicles and reduce greenhouse gas emissions.
3h
on MSN
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy ...
2h
Greece's economy projected to grow 2.1% in 2025, IMF says
Greece's economy is projected to grow 2.1% in 2025, mainly driven by investment, the International Monetary Fund mission said ...
1d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
7h
on MSN
Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
The Economist
6h
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
3h
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers ...
1d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
2d
on MSN
The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says
As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.” ...
3h
on MSN
U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department ...
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