US economy slowed but still grew at 2.9% rate last quarter
Thursday, 26 January 2023 Watch VideoThe U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.
Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest...
The US Economy Grew , More Than Expected in 2022.
CNN reports that the United States
economy expanded again in the fourth
quarter, showing solid growth to end 2022. .
The news comes despite consumers
and businesses battling historically
high inflation and interest rates. .
The broadest measure...
Powell Says Interest Rates Still Likely to Rise , Although Disinflationary Process Has Begun.
CNBC reports that Federal Reserve Chairman Jerome Powell spoke at the Economic Club of Washington, D.C.,..
Credit: Wibbitz Top Stories Duration: 01:31Published
Federal Reserve Poised to Announce , Latest Interest Rate Hikes , Despite Slowing Inflation.
On February 1, the Federal Reserve will announce
its latest interest rate increase which comes amid
the..
Credit: Wibbitz Top Stories Duration: 01:30Published
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Fox Business reports that according to the Dow Jones Market Data Group, Musk added..
Credit: Wibbitz Top Stories Duration: 01:31Published
Thursday, 26 January 2023
Watch VideoThe U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.
![Powell Says Interest Rates Still Likely to Rise Although Disinflationary Process Has Begun [Video]](https://video.newsserve.net/300/v/20230207/1347926902-Powell-Says-Interest-Rates-Still-Likely-to-Rise.jpg)
![Federal Reserve Poised to Announce Latest Interest Rate Hikes Despite Slowing Inflation [Video]](https://video.newsserve.net/300/v/20230201/1347479560-Federal-Reserve-Poised-to-Announce-Latest-Interest-Rate.jpg)
![Elon Musk Banks Nearly $12B of Tesla Money in a Week [Video]](https://video.newsserve.net/300/v/20230127/1347163521-Elon-Musk-Banks-Nearly-12B-of-Tesla-Money.jpg)
