Us Gdp

S&P 500 set for longest losing streak in a month

Following a series of record highs, the S&P 500 headed toward its longest slide in a month

US second-quarter GDP growth unexpectedly revised up to 3.8%

Gross domestic product increased at an annual rate of 3.8 percent in the April to June period, up from the 3.3 percent previously estimated, said the Department of Commerce.

US economy shrank 0.5% in Q1 on import surge ahead of tariffs

US GDP decreased at an annual rate of 0.5 percent in the first quarter, according to the Department of Commerce, down from an earlier estimate of a 0.2 percent decline.

US third quarter GDP revised up on consumer, export boost

Consumer spending in particular has been a key factor behind growth -- even as Americans felt the pinch from higher costs of living -- supported by a healthy jobs market.

US GDP grows at solid 2.8% pace, helped by consumer spending

The GDP report showed the Fed’s preferred metric — the personal consumption expenditures price index — rose at an unrevised 1.5% annualized rate in the third quarter

US economy posts solid 2.8% growth in Q3 on election eve

The pace of growth was well above what Federal Reserve officials regard as the non-inflationary growth rate of around 1.8%

US second-quarter growth stronger than estimated: Govt

The 3.0 percent number for the second quarter this year was an uptick from 1.4 percent growth in the first quarter

World Street | US growth falters, Alphabet and Microsoft beat estimates, Honda powers up and more

From Bank of Japan's policy plans, Honda setting up an EV epicenter to tech behemoths beating revenue estimates — here are some of the major developments from across the world

Dow slumps over 600 pts, Nasdaq down nearly 2% after GDP report

After the US Q1 GDP reading, the benchmark 10-year Treasury note yields reached 4.70%, its highest level since Novemver 2.

Stocks and yen struggle as tech troubles weigh

Both U.S. Q1 GDP data and more 'Big Tech' earnings were scheduled for later in the day but for now it was Meta's 15% after-hours price slump that was souring the mood.

US dollar tumbles in midst of consolidation; US data, ECB loom

The US currency, however, cut its losses after data showed that business activity in the world's largest economy picked up in January and a measure of inflation eased. A gauge of prices charged by companies for their products fell to the lowest level in more than 3-1/2 years, data showed.

US economy accelerates to 4.9% in Q3 as consumers shrug off Fed rate hikes

Gross domestic product growth came in at an annual rate of 4.9 percent for the July to September period

US second quarter GDP growth revised down to 2.1%

The downward revision mostly reflects lower estimates for corporate expenditure, which is partially offset by an upward revision for state and local government spending.

US economy picks up steam despite expectations of slowdown

GDP growth in the world's biggest economy hit an annual rate of 2.4 percent for the April-June period, said the Commerce Department, despite analyst predictions of a cooldown from the two percent rate in the first three months this year.

US economy posts surprise 2.4% growth in second quarter

This was also an increase from the two percent rate in the first three months of 2023.

Key events next week: India fiscal deficit, core sector output, IPO launches; US GDP and more

Here are the key economic data releases in India and from around the world to get you started for next week.

Metaverse could contribute up to 2.4% of US GDP by 2035: Study

Social media giant Meta, which pivoted its focus on building metaverse technologies in 2021, has forecast the tech would eventually replace mobile as the main computing platform.

US economy grew at weak 1.1% rate in Q1 in sign of slowdown

However, consumer spending, which accounts for about 70 per cent of US economic activity, remained resilient, growing at a 3.7 per cent annual pace, the fastest quarterly pace in nearly two years.

Punchy US data shoves world stocks toward biggest weekly fall of year

Comments from the Bank of Japan’s new incoming chief backing super-easy monetary policy had briefly lifted markets overnight but the selling snowballed again as the U.S. personal consumption expenditures price index notched its biggest rise since June.