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The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods ...

Consumer spending fueled growth, despite ongoing fears about inflation.

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...

The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate ...

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...

The US economy expanded at a 2.3% annualized rate in Q4. Growth was held back by a slower stockpiling in inventories, but boosted by solid consumer spending, both of which may partially reflect a pull ...

Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...

Over the years, various governments have tried to strike a balance between economic growth and social equality through ...

Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November ...

There is a growing sense that the Indian government has been over-taxing its citizens. But is that so? We explain.