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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.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.
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.
Biden, fuel economy
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.
Trump Transportation secretary moves to undo Biden fuel standards in first act
In his first act in office, new Trump Transportation Secretary Sean Duffy signed a memorandum directing the agency to review former President Joe Biden’s fuel economy standards, which aim to reduce vehicle 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 ...
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.
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 ...
7h
on MSN
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
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
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
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 ...
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 ...
4h
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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