Latest in U.S. economy grew 2.8% last quarter, powered by consumer spending
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China reports 4.6% growth in third quarter as government tries to boost struggling economy
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly beating expectations.Top stories - NBC News - October 18 -
U.S. economy keeps up the momentum ahead of holiday shopping season, S&P finds
The U.S. economy got off to a good start in the fourth quarter, a pair of S&P surveys found, and pointed toward steady growth at the tail end of the year.Business - MarketWatch - 6 days ago -
Enphase reports weaker quarter, and this time its U.S. business is not the problem
Enphase’s revenue in Europe dropped about 15% quarter-on-quarter as demand softened.Business - MarketWatch - October 23 -
A quarter of U.S. households live paycheck to paycheck, analysis finds
Soaring cost of food, housing and other staples means more Americans are just getting by, Bank of America Institute survey shows.Top stories - CBS News - 5 days ago -
College Football QB Power Rankings: Penn State's Drew Allar makes return after getting squeezed out last week
Despite coming off a bye, Allar's impressive body of work was too good to ignore this weekSports - CBS Sports - October 23 -
Stern U.S. letter prompts Israel to allow first aid into northern Gaza this month. Will it last?
Israeli officials were scrutinizing a letter from the U.S. government threatening to review military aid to the country if it continued to block aid from Gaza.Top stories - NBC News - October 16 -
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.Business - CNBC - October 21 -
10-year Treasury yield rises to fresh three-month high as U.S. rates continue their ascent
The yield on the 10-year Treasury continued its ascent on Monday after hitting a three-month high last week.Business - CNBC - Yesterday -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - Yesterday -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - Yesterday -
U.S. Treasury says debt-auction sizes can remain steady for next several quarters
Agency to auction $125 billion next week, unchanged from last quarterBusiness - MarketWatch - 6 hours ago -
China's exports and imports grew far less than expected in September
China was expected Monday to report a slowdown in export growth in September versus August.Business - CNBC - October 14 -
‘I grew up with it’: readers on the enduring appeal of Microsoft Excel
From baby names to wedding planning, fans of the 40-year-old spreadsheet program reveal how it has transformed their lives. “I’m a boring man,” says Mike Elwin, an energy management consultant from ...World - The Guardian - 2 days ago -
Fossil Reveals Oldest Known Tadpole That Grew to the Size of a Hot Dog
A 161 million-year-old fossil, linked to a line of extinct frog-like amphibians, is the oldest tadpole ever found.Science - The New York Times - 4 hours ago -
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.Business - CNBC - October 15 -
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.Top stories - NBC News - October 15 -
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.Business - CNBC - October 15 -
Consumer Fears of Credit Card Delinquency Rise
A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.Business - Inc. - October 16 -
Consumer watchdog cautions companies against snooping on workers
Surveillance tech has expanded abilities of firms to track employees, often without their consent, fed agency says.Top stories - CBS News - 6 days ago -
UK consumer and business confidence weaken ahead of Budget
Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30Business - Financial Times - 5 days ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Cabinet fightback: the revolt over spending
Plus, the English justice system in crisisWorld - Financial Times - October 18 -
Is this economy turning against cities?
The economic effects of the pandemic on the urban real estate market are well known: spiking rents and mortgage rates, a large dip in sales, and an overall mismatch between housing supply and ...Politics - The Hill - October 23 -
The Climate Election: The economy, explained
The economy remains one of the top concerns for voters just a week out from Election Day, but there's a major factor that experts say could cause significant harm to it: climate change. One study ...Top stories - CBS News - Yesterday -
How This PE-Backed Company Grew EBITDA by More Than 10X in 5 Years
VSS Capital Partners helped GreenSlate become the go-to payroll software provider for film and TV productions.Business - Inc. - Yesterday