U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
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U.S. economy grows 2.3% in last quarter, latest GDP data shows
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.CBS News - 6h -
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...The Hill - 6h -
U.S. economy grows 2.3% in last quarter, latest GDP data shows
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.CBS News - 6h -
Global hotel chains bet on cheaper end of market as Chinese economy slows
Hyatt, IHG and Radisson are expanding in China but shifting focus to more cost-conscious travellersFinancial Times - 2d -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - Jan. 17 -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - Jan. 16 -
The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - Jan. 13 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2
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67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 5m -
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Apple misses on iPhone revenue, sees 11% drop in China sales
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 17m -
Intel issues weak forecast, citing seasonality and an uncertain economy
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 23m