Market Analysis
US Third-Quarter GDP Trimmed to 4.9%, Jobless Claims Lower than Expected
Stocks opened higher on Thursday on the back of revised Q3 GDP data and soft jobless claims growth.
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economic growth
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economic growth
Market Analysis
US Economy Grew Faster than Expected in Q4, Raising Hopes for a Soft Landing
Driven by robust consumer spending, US GDP grew faster-than-anticipated in Q4 2023.
Market Analysis
Retail Sales Decreased in October But Lower than Expected
Retail sales fell for the first time in eight months in October, although the drop was smaller than the expected 0.3%.
Best Stocks
Tencent’s Earnings Show Resilience Amid China’s Downturn
Chinese internet giant Tencent reported better-than-anticipated Q3 revenue and profit, showing resilience amid a nationwide downturn.
Market Analysis
Oil Prices Hit the Lowest Level in Over 2 Months as Demand Likely to Slow
Oil prices fell to the lowest level in more than two months following the release of China's economic data.
Market Analysis
60% of Voters Don’t Believe in “Bidenomics”: Survey
The majority of voters do not credit the Biden administration for the economic improvements.
Market Analysis
Indonesia’s GDP Growth in 2022 Hit a 9-Year High, Here’s Why
Indonesian economy expanded by 5.31% in 2022, marking its strongest GDP growth in 9 years.
Market Analysis
China’s GDP Growth Drops to 0.4% in Q2 2022, Plans for $1.1T Infrastructure Spending
China's GDP increased by 0.4% from a year earlier, marking the worst performance since the first Covid outbreak.
Market Analysis
Thanksgiving Looks Expensive This Year — But US Economy Doing Well
Rises in employment and GDP give the US something to be thankful for — but there are still clouds on the horizon.
Personal Finance
Atlanta Fed Predicts 0.2% Q3 GDP, But $100k BTC Calls Hold Strong
The economic recovery in the US has stagnated, convincing analysts that inflation might well persist into 2022.
Policy
New Ethics Rules For Fed Floated While Public Opinion Sits At a Low
With public opinion of the Fed at a low, two Fed presidents have jeprodized it further after it was revealed they had traded the same assets…
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Are Rising Wages Due to Inflation, or Worker Shortage?
The economic impact of Covid-19 continues to be felt - and is likely to only get worse.