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World Bank sharply downgrades global economic growth forecast to 2.3% 

WASHINGTON (AP) – President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world, the World...

Looking ahead

Are you optimistic that 2025 will be a good year for your company?  Yes: 80% Somewhat: 20% No: 0% What growth is your company hoping for this year?...

Federal Reserve leaves interest rates unchanged

WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...

Job gains and free-spending shoppers lifted Wall Street in 2023, but...

NEW YORK (AP) – Job gains and raises helped power solid economic growth in the U.S. last year, but what if those gains were a mirage?  Gross...

U.S. economic growth for last quarter is revised up to a...

WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...

Congressional Budget Office predicts slower economic growth and 4.7% unemployment into...

WASHINGTON (AP) – The Congressional Budget Office reported Wednesday that economic and job growth so far this year has been stronger than forecast in February, but...

U.S. revises down last quarter’s economic growth to 2.7% rate 

WASHINGTON (AP) – The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and...

U.S. slightly revises up its GDP estimate for Q4 to 7%

WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...

Put a stop to economic growth? Huge mistake

One of the more pernicious ideas now coming into vogue is that societies should voluntarily halt their economic growth. In a recent New Yorker...
THE U.S. ECONOMY expanded at a 2.1% annualized rate in the 2019 second quarter, driven in large part by increased consumer spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. growth slows to 2.1% as trade tensions weigh on businesses

WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...
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