Spot Gold reached a fresh all-time high following the second round of first-tier events, trading as high as $2,798.53 after Wall Street’s opening. The US Dollar (USD) came under selling pressure after ...
Wall Street shares rallied on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar dipped, further boosting gold prices. The ...
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s usually a vote of confidence in the health of the economic expansion,” ...
Axel Rudolph at IG observed: "The slowest US growth in three quarters has revived hopes that the Fed may move away from its hawkish hold. Eurozone GDP stalling and the German economy - in a mild ...
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter, the Commerce Department's Bureau of Economic Analysis said in ...
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...