US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
The Federal Reserve maintained steady interest rates in January amid slowing inflation progress and uncertainty surrounding ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
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