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US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
San Francisco Chronicle· 3 hours agoThe Commerce Department had previously estimated that the nation’s gross domestic product — the...
Biden gets more bad news about the economy
Newsweek· 10 hours agoThe U.S. economy accelerated at a slower pace in the first quarter than initially thought, the Commerce Department revealed on Thursday ...
Stock Market Today: Stocks slide on inflation concerns; GDP slows, Salesforce plunges
TheStreet via Yahoo Finance· 16 hours agoCommerce Department reported. "Momentum is slowing as consumers struggle with lingering...
U.S. GDP Growth Slowed More Than Previously Estimated in First Quarter
The Wall Street Journal· 13 hours agoThe U.S. economy grew slower to start the year than initially thought, due largely to softer...
Consumers curb US economic growth in first quarter, inflation cools
Reuters via Yahoo Finance· 14 hours agoThe first-quarter growth downgrade suggests the U.S...
Fed's favorite inflation gauge is expected to show very slow progress on Friday
NBC Dallas Fort Worth· 9 hours agoThe Commerce Department's measure of personal consumption expenditures prices will be released...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 3 hours agoEconomic growth The Commerce Department’s second estimate of first-quarter gross domestic product,...
Fed officials see inflation falling, signal no rush to cut rates
Reuters via Yahoo Finance· 11 hours agoEL PASO, Texas/ NEW YORK (Reuters) -Federal Reserve policymakers continue to expect inflation to...
U.S. Economic Growth in First Quarter Was Milder Than Initial Reading
New York Times· 14 hours agoConsumers eased up on spending in the face of rising prices and high interest rates, Commerce ...
Corporate profits are cooling, as consumers are feeling ‘less flush’
Market Watch· 12 hours agoThe softer economic growth in the first quarter shows the economy operating at a lower gear, which...