Fresh data released Thursday morning showed that he US economy’s growth slowed to 1.6% in the first three months of 2024, ...
US employers increased their payrolls by 175,000 in April — a notable slowdown from the average 276,000 new jobs per month ...
US Growth Slowed Sharply Last Quarter to 1.6% Pace, Reflecting an Economy Pressured by High Rates WASHINGTON (AP) — The nation’s economy slowed sharply last quarter to a 1.6% annual pace in ...
It was the weakest pace of growth since the second quarter of 2022 when the economy contracted. That’s a steep slowdown from the fourth quarter’s 3.4% rate and also below the 2.2% rate ...
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of ...
WASHINGTON, April 15 (Reuters) - U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on ...
Rolling coverage of the latest economic and financial news, as UK economy grows faster than forecast in January-March quarter ...
The BoE also updated its growth forecasts for the UK yesterday, predicting a rise in GDP of 0.5% over 2024. This is up from 0 ...
The number of Americans filing new claims for unemployment benefits held steady at a low level last week, pointing to a still ...
Oil prices have decreased in recent trading sessions, influenced by rising crude and fuel inventories in the U.S., indicating weakening demand. This downward trend is further fueled by cautious ...
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace ...