Tag Archives: Economy

‘The most distrusted’ bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

‘The most distrusted’ bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

The U.S. economy expanded at a much faster pace than initially estimated last quarter, according to new Commerce Department data released Thursday. Gross domestic product grew at a 3.8% annual rate in the April–June period, topping both the government’s previous 3.3% estimate and the initial 3% reading. It was the strongest showing since the fall of 2023, underscoring the economy’s …

Read More »

US economy expands at fastest pace in two years – The Times

US economy expands at fastest pace in two years – The Times

US economy expands at fastest pace in two years  The Times The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported  CNN Economy Had a Strong Spring, Latest Revision Shows  The Wall Street Journal US economic growth revised up on strong consumer spending  BBC Surprisingly strong GDP report undermines economic slowdown narrative  Axios Source link

Read More »

Auto Industry Is Flashing a Warning Sign on U.S. Economy – The Wall Street Journal

Auto Industry Is Flashing a Warning Sign on U.S. Economy  The Wall Street Journal CarMax stock plummets 20% following ‘challenging’ quarter  CNBC CarMax Stock Falls 20% on Earnings as Used Car Sales and Prices Decline  Barron’s Why CarMax (KMX) Shares Are Falling Today  Yahoo Finance CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives  MarketWatch Source link

Read More »

Trump's economy bounces on consumer spending surge – Politico

Trump’s economy bounces on consumer spending surge  Politico The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported  CNN Economy Had a Strong Spring, Latest Revision Shows  The Wall Street Journal US economic growth revised up on strong consumer spending  BBC Surprisingly strong GDP report undermines economic slowdown narrative  Axios Source link

Read More »

US economy grows at fastest pace in nearly two years in second quarter – Reuters

US economy grows at fastest pace in nearly two years in second quarter  Reuters The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported  CNN New revisions show stronger economic growth in second quarter  Axios Tech Stocks Get Hit as Solid GDP Lifts Bond Yields: Markets Wrap  Bloomberg.com US economy grew faster than expected in the second …

Read More »

The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported

The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported

Washington  —  The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest economy. Gross domestic product, the broadest measure of economic output, rose at an annualized rate of 3.8% from April through June, the Commerce Department said Thursday in …

Read More »

U.S. economy grew by 3.8% in second quarter – Commerce Department – Investing.com

U.S. economy grew by 3.8% in second quarter – Commerce Department  Investing.com The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported  CNN US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending  Bloomberg.com This is the market’s biggest blind spot right now  Business Insider U.S. GDP Grew Stronger Than Estimated in Second Quarter  The …

Read More »

Early warning signs for the DC region’s economy amid federal downsizing

Early warning signs for the DC region’s economy amid federal downsizing

Key takeaways:  Since January 2025, the DMV region has shed federal jobs at a faster rate than the nation, while private sector job growth has plateaued.  The DMV region’s unemployment rate has increased at a significantly higher pace than the nation’s, with the share of unemployed suburban workers growing the most.  After a strong year of venture capital activity, venture …

Read More »

A Federal Shutdown May Be Imminent. How Would It Affect the Economy? – The New York Times

A Federal Shutdown May Be Imminent. How Would It Affect the Economy?  The New York Times The government could shut down in less than a week. Here’s what you need to know  ABC News – Breaking News, Latest News and Videos Democrats Can’t Win Another Shutdown Fight  Bloomberg.com Murkowski pushes to include funding for health care, public broadcasting in deal to avert government …

Read More »