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 U.S. economy expanded at a 3% annual pace in the second quarter, masking signs of weakness as businesses and consumers grappled with how to respond to ongoing trade wars. Gross domestic product, ...
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 economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...
The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, ...
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 ...
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.