The Latest Breaking News from GDP

"The fact-checking industry has become a partisan arbiter of political disputes," notes Phil Magness.

While high inflation and GDP decline for two consecutive quarters are raising recession fears, better-than-expected corporate profits and the possibility of a less aggressive rate hike have been restoring investor confidence. Regardless of the uncertainties surrounding the economy and the market, investing in Abbott Laboratories (ABT), Coca-Cola Consolidated (COKE), DLH…

Back-to-back GDP slowdown, Fed raises rates, higher prices and other economic highlights from a busy week.

Despite another decline in GDP, the major indices are expected to post their best month since November 2020. And irrespective of the market volatility, mid-cap stocks are raking in significant gains. Thus, we think it could be wise to scoop up shares of mighty mid-cap stocks Acuity Brands (AYI), Boyd…

Economists were on high alert Thursday morning awaiting data from the U.S. Commerce Department that might shed light on whether the country is in a recession — a question with vast implications for consumers, employers and electoral politics.

Amid sky-high inflation and consecutive rate hikes, U.S. GDP witnessed another consecutive decline in the second quarter. However, investors seem to have shaken off recession fears causing U.S. equities to rally. Thus, we think quality growth stocks, Core Molding (CMT), Civeo (CVEO), and Genuine Parts (GPC), could be worth buying…

Asian shares are mixed as Chinese shares sank after leaders acknowledged the official 5.5% growth target for this year won’t be met

US oil companies post huge earnings, as sky-high fuel costs hit consumers and drive up inflation

JP Morgan has maintained its Thai GDP growth forecast at 3% this year, driven by consumption and tourism.

Question weighs on consumers, politicians and investors around the world as the Federal Reserve raises interest rates

The bad news will be a major blow for the Biden administration as it prepares for a tough midterm election season