New GDP numbers show 2.8% growth in 3rd quarter

The new GDP report released Wednesday shows the U.S. economy grew at a 2.8% annual pace in the third quarter. Jared Bernstein, chair of the Council of Economic Advisers, joined CBS News to discuss ...

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - 1 hour ago

GDP Report Shows US Economy Grew at 2.8% Rate

In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.

Business - The New York Times - 6 hours ago

China reports third-quarter GDP growth of 4.6%, slightly beating expectations

Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."

Business - CNBC - October 18

U.S. economy grew at a 2.8% pace in the third quarter, less than expected

Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.

Business - CNBC - 7 hours ago

U.S. economy grew 2.8% last quarter, powered by consumer spending

Consumer confidence soared in October, signaling that Americans may continue to open their wallets.

US economy grew at a sturdy 2.8 percent pace in third quarter

The final economic growth report before the election showed U.S. gross domestic product (GDP) rising at strong pace, according to data released Friday by the Commerce Department. U.S. GDP grew at ...

Politics - The Hill - 8 hours ago

The U.S. economy grew at a 2.8% pace in the third quarter, less than expected

The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.

U.S. Economy Grew at a Solid 2.8 Percent Pace Last Quarter

Consumer spending powered gains despite still-high interest rates, indicating healthy, reslilient conditions.

Business - Inc. - 7 hours ago

Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’

Case-Shiller 20-city home price index rose 5.2% year-on-year in August.

Business - MarketWatch - Yesterday

China’s economy grows 4.6% in third quarter

Lowest figure in year and a half comes as Beijing steps up stimulus efforts

Business - Financial Times - October 18

Lonza Sees Accelerating Sales Growth in Final Quarter

The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...

Business - The Wall Street Journal - 6 days ago

Bracketology: The numbers show Kansas is the best program in modern college basketball

Twenty-one years of history says Kansas' preseason No. 1 ranking should be a net positive for the Jayhawks.

Sports - ESPN - October 23

Netflix’s third-quarter revenue and subscriber numbers beat expectations

US streaming service is investing heavily in live sporting events to differentiate from rivals

Business - Financial Times - October 17

10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...

Business - MarketWatch - 1 hour ago

Nintendo Switch Online + Expansion Pack Celebrates 3rd Birthday With Teaser For New Stuff

Don't forget to wish the Nintendo Switch Online + Expansion Pack service a happy, happy birthday. The add-on turns three years old--known as the Triforce year--and Nintendo is teasing new stuff for ...

Tech - GameSpot - October 15

Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus

Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.

World - The Wall Street Journal - October 18

Unilever reiterates 2024 outlook after third-quarter sales growth

Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.

Business - MarketWatch - 6 days ago

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - 11 hours ago

Number of Young People Accused of Serious Crimes Surges in New York City

A 37 percent rise in the number of young people accused in serious crimes mirrors a broader increase. But it has alarmed the police, who say young offenders could grow up to break the law again.

Top stories - The New York Times - October 20

What to know about the new way Microsoft will report cloud numbers Wednesday

Some on Wall Street are upbeat about the move. Others are not.

Business - CNBC - Yesterday

Behind Harris' "blue wall" strategy as poll numbers show close race with Trump

Vice President Kamala Harris' campaign is ramping up efforts to court voters in the "blue wall" states of Pennsylvania, Michigan and Wisconsin as CBS News poll numbers show razor-thin margins in ...