Latest in U.S. economy grows 2.3% in last quarter, latest GDP data shows
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US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 14h -
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...ABC News - 14h -
Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 11h -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.NBC News - 12h -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.CNBC - 12h -
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 - 13h -
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.The New York Times - 13h -
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump ...MarketWatch - 14h -
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Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.CNBC - 16h -
Data Show That For Some in NYC, Congestion Pricing is Improving Commutes
The congestion pricing plan for New York City remains controversial, but for people who actually need to commute into the city, early signs show it may be working out.Inc. - 3d -
Baltic Sea data cable damaged in latest case of potential sabotage
Disruption of line between Sweden and Latvia follows earlier incidents linked to Russia and ChinaFinancial Times - 4d -
Firefighters Battle Growing Blaze Near U.S.-Mexico Border
Officials said the fire, which had spread to more than 500 acres by Thursday night, was miles away from threatening any homes or buildings.The New York Times - Jan. 24 -
A look at latest wildfire conditions in Los Angeles area as Hughes Fire grows
Thousands of people are under evacuation orders in southern California as strong winds fuel new wildfires in the Los Angeles area. The Hughes Fire has scorched more than 10,000 acres as of Thursday ...CBS News - Jan. 23 -
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - Jan. 23 -
South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth
The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...The Wall Street Journal - Jan. 22 -
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Netflix Raises Prices After Adding 19 Million Subscribers in Latest Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.The New York Times - Jan. 21 -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - Jan. 21 -
From GDP to trade, how well equipped is China’s economy for Trump 2.0? | Amy Hawkins
Beijing has prepared for increased tariffs but its actions will not be enough to offset falling demand from the US. When Donald Trump enters the White House for the second time on 20 January, the ...The Guardian - Jan. 19 -
Latest weather forecast as landslide, toxic chemical concerns grow
There are fresh safety concerns in the Los Angeles area where wildfires destroyed many homes and businesses. This comes as firefighters take advantage of the break in strong winds to mitigate the ...CBS News - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.The New York Times - Jan. 17 -
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.MarketWatch - Jan. 16 -
Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis. The global economy could face 50% loss in gross domestic product (GDP) between 2070 and 2090 ...The Guardian - Jan. 16 -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - Jan. 13 -
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 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
New research shows a quarter of freshwater animals are threatened with extinction
New research shows about a quarter of animals living in rivers, lakes and other freshwater sources are threatened with extinctionABC News - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Image shows IED that was placed in French Quarter by truck attacker
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.CBS News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
Latest news on 4 viruses on the rise across the U.S.
Cases of COVID, flu, RSV and norovirus appear to be on the rise in the U.S. as millions of Americans wrap up the holidays. CBS News medical contributor Dr. Celine Gounder has more on the viruses.CBS News - Jan. 6 -
Some January 6 rioters had prior criminal records, data shows
At least 159 of the Jan. 6, 2021, convicts who have been sentenced have prior criminal records, according to a CBS News investigation. Steve Reilly breaks down the data.CBS News - Jan. 6 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Small-boat crossing arrivals to UK rose 25% in 2024, data shows
Home Office figures will add to pressure on Keir Starmer to curb irregular migration via English ChannelFinancial Times - Jan. 1
