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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

Netflix rose 11% after third-quarter earnings beat

Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.

Business - CNBC - October 18

Reds announce visitation for Pete Rose at Great American Ball Park in November

The Cincinnati Reds and Pete Rose's family will hold a visitation for baseball's all-time hits leader at Great American Ball Park.

Sports - Yahoo Sports - 5 days 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 - 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

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 ...

As a hippy-punk grandmother, here’s how I learned to stop disturbing the baby – and his parents | Rose Rouse

Coming to terms with my son and his partner’s modern, tender and considered parenting hasn’t been easy – but now I love it. I was 70 when I became a grandmother for the first time in 2023. My son ...

World - The Guardian - October 14

‘I will be hunted down for my Taylor Swift jokes!’ Rose Matafeo on her scary return to standup

She won comedy’s top award, reinvented the romcom and now hosts Junior Taskmaster. So why does the New Zealand comic need Buddhist podcasts to get through the day?. Rose Matafeo is bad at endings. ...

World - The Guardian - October 15

Retail sales rose 0.4% in September, better than expected; jobless claims dip

Consumer spending held up in September, underscoring a resilient economy.

Business - CNBC - October 17

How Indiana QB Kurtis Rourke rose from Canadian underdog to force behind Hoosiers' dramatic turnaround

Rourke has gone from under-recruited to undeniable as the face of the Hoosiers' historic resurgence

Sports - CBS Sports - October 17

Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%

Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.

Business - CNBC - 5 days ago

The ransacking of Britain: why the people finally rose up against ‘sod you architecture’

Inspired by Swiss-born architect Le Corbusier, who believed streets fostered disease, a vision of Britain was cooked up that would see historic city centres flattened for flats and ring roads. But ...

World - The Guardian - 2 days ago

Rose Namajunas says she doesn't deserve to fight Valentina Shevchenko next for UFC flyweight title

Namajunas respects the pecking order in the UFC women's flyweight division

Sports - CBS Sports - 5 hours ago

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

ECB lowers rates to 3.25% as inflation slows

Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures

Business - Financial Times - October 17

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - 4 hours ago

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Will HELOC interest rates fall in November?

HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Money Market Rates Are Lower, Yes. But Compared to What?

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.

Business - The New York Times - October 18

Here's how interest rates impact gold prices

When interest rates drop, gold prices often rise — but there are also other factors at play.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Jordan North boosts Capital radio breakfast ratings

The Burnley-born presenter left Radio 1 earlier this year and replaced Roman Kemp at Capital in April.

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - 6 days ago

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