Updated Oct. 26, 2023 5:00 pm ET U.S. economic growth surged this summer at the fastest pace since 2021, as consumers spent at a blockbuster rate that will be difficult to sustain. Gross domestic product expanded at a 4.9% seasonally- and inflation-adjusted annual rate in the third quarter—more than double the second quarter pace—the Commerce Department reported … Read more
Updated Oct. 15, 2023 12:04 am ET Economists are turning optimistic on the U.S. economy. They now think it will skirt a recession, the Federal Reserve is done raising interest rates and inflation will continue to ease. In the latest quarterly survey by The Wall Street Journal, business and academic economists lowered the probability of … Read more
Is Bitcoin an Inflation Hedge? Here Are the Arguments on Both Sides The Wall Street Journal Source link
Listen to article (2 minutes) Friday’s jobs report is likely to show employers hired at a steady pace last month, the latest sign of a resilient U.S. economy that has contributed to the recent bond-market rout, according to analysts’ forecasts. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
Resilient U.S. Economy Defies Expectations – WSJ The Wall Street Journal Source link
Summer Spending Surge Shows Consumers Driving Economic … The Wall Street Journal Source link
Updated Aug. 29, 2023 12:00 am ET Listen to article (2 minutes) BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
Based on the latest economic forecast from the Federal Reserve Bank of Atlanta, the U.S. economy is moving from red-hot to boiling — a worrisome development for the Federal Reserve, and anyone else hoping interest rates won’t rise. But don’t panic yet: The Atlanta Fed’s GDPNow model estimate for real growth in gross domestic product … Read more
Opinion | Stablecoins Can Keep the Dollar the World’s Reserve … The Wall Street Journal Source link
U.S. Economy Added 187,000 Jobs in July in Latest Report The Wall Street Journal Source link