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The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Investors are preparing for a crucial day of US economic data, with second-quarter GDP figures set to be followed by the Federal Reserve’s interest rate decision. The GDP figures are due out at 8.30am ...
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
Welcome to the live coverage of US Federal Reserve’s highly anticipated July FOMC meeting. As the Fed prepares to announce ...
The job market is tough, real GDP dropped more than initially thought, and consumer spending fell. These warning signs don't mean a recession is necessarily coming, although there is a risk.
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...