Long Island Business News1h
Cantor: Long Island’s 2025 economy: dependent on unfolding uncertainties
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
Why fourth-quarter GDP report suggests Fed monetary policy in ‘a good place’
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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 ...
U.S. Economy Finished the Year on Strong Note, but Faces Hurdles
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
The US economy just had another robust year
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth as investment fell on inventory declines.
PBS5h
U.S. economy ends 2024 with solid growth, up 2.8% for full year
WASHINGTON (AP) — 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 ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
EU GDP data miss consensus – Focus on ECB rate decision
- 08:15 (EU) ECB Interest Rate Decision: Expected to cut Key Rates by 25bps; Expected to cut Deposit Rate by 25bps to 2.75%; Expected to cut Main 7-Day Refinancing Rate by 25bps to 2.90%; Expected to ...
New York Sun23h
How Trump Could Impound Budget Line-Items To Gain Leverage Against Congress in Effort To Curtail Spending
The “Department of Government Efficiency” is charged with cutting federal expenditures and there is a vast amount of ...