Dow Jones Industrial Average falls further on fresh inflation, tariff, and recession fears
Ongoing tariff fears and souring consumer sentiment are also pushing stocks lower.
Register Citizen2d
Connecticut’s late 2024 economic growth languishes among bottom-10 states: Federal report
Connecticut’s real gross domestic product grew 1.8% in the fourth quarter of 2024, compared with a national rate of 2.4%.
Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
Rising prices, weak consumer spending spotlight ‘stagflation’ risk
Public- and private-sector economists have flagged inflation risks and marked down estimates for economic growth this year, ...
ConsumerAffairs2d
The Fed’s favorite inflation gauge rose more than expected in February
The Consumer Price Index is the traditional measure of inflation, but lately the Federal Reserve has paid closer attention to ...
Forex Factory2d
Hot US Core PCE is Another Step on the Road to Stagflation
The US Core PCE came in a tick hotter than expected, and with growth slowing, traders are starting to worry more and more ...
Q4 GDP Third Estimate: Real GDP At 2.5%, Higher Than Expected
Real gross domestic product increased at an annual rate of 2.45% in Q4 2024, according to the third estimate. The latest ...
U.S. stocks fall as auto tariff angst offsets solid economic growth data
Stocks of legacy U.S. carmakers General Motors ( GM) and Ford ( F) saw a negative impact, -6.6% and -3%, respectively. U.S.-listed shares of French-Italian firm Stellantis ( STLA) were -2.1%.
US corporate profits hit record high before Trump's tariffs
U.S. corporate profits surged to a record high in the fourth quarter amid strong demand and pricing power, but an uncertain ...
GDP Revised to 2.4%, Initial Claims Decline—Cooling Inflation Supports Growth Outlook
U.S. GDP rose 2.4% in Q4 on strong spending and profits. Inflation cooled, jobless claims fell—supporting a bullish ...
Fourth quarter 2024 U.S. GDP revised up to annual rate of 2.4%
U.S. Gross Domestic Product was revised up to an annual rate of 2.4% in fourth quarter 2024, according to a Thursday report ...
US GDP Growth Upwardly Revised In Q4, Trade Deficit Slightly Narrows As Auto Exports Soar In February
The U.S. economy grew at 2.4% annualized rate in Q4 2024, slightly revised from 2.3%. Feb trade deficit narrowed but still ...