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. - 5 hours ago

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 - 6 hours ago

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 - 4 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 2.8% last quarter, powered by consumer spending

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

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 - 4 hours ago

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

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 - 2 hours ago

China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% target

World - ABC News - October 17

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

China has reported that its economy expanded at a rate of 4.6% in the July-September quarter

World - ABC News - October 18

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 ...

Large polluters cut greenhouse gas emissions 4 percent last year: EPA data

Emissions from large polluters dropped 4 percent last year, according to self-reported data collected by the Environmental Protection Agency (EPA). These large polluters, which include power ...

Politics - The Hill - October 15

McDonald’s Takes Quarter Pounders Off Menus at 20 Percent of Restaurants After E. Coli Outbreak

McDonald’s pulled the burger option after the bacterial contamination sickened at least 49 people, killing one, according to the CDC. Raw onions may be the source of the problem.

Business - Inc. - 6 days ago

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

Eurozone economy grows 0.4% in third quarter

Figure beats expectations of 0.2% expansion

Business - Financial Times - 9 hours ago

Despite signals the U.S. economy is strong, voters are wary

Wall Street has seen six straight weeks of gains and with unemployment near a 50-year low, there are signs the economy is strong. However, the cost of everyday essentials is still a top-of-mind ...

Is the U.S. Economy Too Strong for Its Own Good?

Stocks could come crashing down from record highs if the Fed does anything besides an interest rate cut.

Business - Inc. - October 21

Analyzing the state of the U.S. economy before Election Day

CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for ...

U.S. oil posts worst day in two years after Israel spares Iran crude facilities

Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.

Business - CNBC - 2 days ago

Last full-size Kmart in continental U.S. closes

On Sunday, the last full-size Kmart in the continental United States closed. The retail chain first opened in 1899 and officially changed its name to Kmart Corporation in the 1970s. By the ...

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

Euro zone growth hits two-year high of 0.4%, beating expectations

Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.

Business - CNBC - 7 hours ago

How is the economy really doing just weeks before the U.S. election?

With only weeks before the November 5 election, here's how top economists assess the health of the U.S. economy.

How the U.S. economy became so hostile to parents — and who benefits

The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively ...

Business - MarketWatch - October 19

The U.S. economy’s biggest threat? China’s clean-energy push.

As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.

Business - MarketWatch - October 19

Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’

The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.

Business - MarketWatch - October 21

U.S. economy poised for somewhat slower growth, leading indicators signal

The leading indicators of the U.S. economy fell again in September because of weakness in a few key industries such as housing and manufacturing, but not enough to suggest any sign of major trouble.

Business - MarketWatch - October 21

Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By

Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.

Business - Inc. - Yesterday

5 takeaways from the last full fundraising quarter before Election Day

Federal candidates have now submitted their reports for what was the final full fundraising quarter before Election Day, offering a snapshot of their financial status with just three weeks to go. ...

Politics - The Hill - October 17

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