The U.S. economy grew less than previously thought in the first quarter of 2024 amid a slowdown in consumer spending, the Bureau of Economic Analysis (BEA) announced Thursday. Gross domestic product ...
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its ...
The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
Projections of U.S. economic growth in the second quarter have declined rapidly over the past month in a worrying sign ...
Brent crude futures saw an uptick of 39 cents, or 0.5%, reaching $77.91 a barrel by 1241 GMT, while U.S. West Texas ...
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case for a ...
The US economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending ...
US employers increased their payrolls by 175,000 in April — a notable slowdown from the average 276,000 new jobs per month created so far this year. Last month’s pace of hiring marked a change ...
Investors will get a fresh inflation reading, with implications for Fed policy as the markets heads into summer.
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...