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 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 - 5 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.

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

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 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 - 3 hours ago

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - 5 days ago

US economy continues to grow at robust rate days before presidential election

GDP rose by 2.8% in the third quarter, short of economists’ expectations of 3.1%, and driven primarily by consumer spending. The pace of US economic growth slowed over the summer but continued its ...

World - The Guardian - 5 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.

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

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

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

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.

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - Yesterday

It’s localization, not globalization, for the health of the US economy

The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...

Politics - The Hill - October 17

Benjamin Button’s clues for the US economy

Conditions are reverting to a time of solid, sustainable growth

World - Financial Times - 14 hours ago

Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.

Business - CNBC - October 15

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - 6 days ago

Hermes outperforms rivals as sales climb in the third quarter

Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.

Business - MarketWatch - 6 days ago

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - Yesterday

Verstappen & Norris third & fourth in US GP practice

Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.

Verstappen & Norris third & fourth in US GP practice

Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.

Sports - Yahoo Sports - October 18

Johnson announces $27.5M third-quarter fundraising in record for Speaker

Speaker Mike Johnson (R-La.) announced a $27.5 million fundraising haul for the third quarter of the year, a sum that is welcome news for Republicans hoping to keep control of the House as they ...

Politics - The Hill - October 14

TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins

The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.

Business - MarketWatch - October 15

LVMH shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

Chrysler and Jeep maker sees North American deliveries dive 36%

Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024

Business - MarketWatch - October 16

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - Financial Times - October 16

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

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

Latest in US economy grew at robust pace in third quarter