The technology has emerged as a crucial engine of growth, at a time when hiring is slow and traditional drivers like housing ...
Economic growth for the second quarter was revised up three-tenths of a percentage point to a 3.3% annual rate, the Bureau of Economic Analysis said Wednesday in its first revision of the data. The ...
The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, ...
The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell ...