Page 45 - Michael Gapen News Today

Musk closes his $44 billion deal to buy Twitter, Amazons holiday sales warning adds to market worries, and more

The US economy grew in the third quarter, but underlying data reflects slowing economic conditions.

Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.

US real GDP for Q3 was up 2.6% YoY, driven higher by net exports and softer but positive consumer spending while housing contracted.

Plus the war in Ukraine may boost clean energy and investigations into Chinese outposts overseas.

The U.S. Bureau of Economic Analysis reports that GDP grew 0.6 percent in the third quarter of 2022.

The United States job market has been one of the few bright spots in an otherwise bleak economy over the past few months, but the macro uncertainty has now even started to affect the jobs market outlook...

The Bank of America (BofA) has warned that the U.S. could lose close to two hundred thousand jobs a month next year due to the Federal Reserve's policies on battling inflation. President Joe [...]

U.S. jobless claims rose more than expected last week, for the highest level of claims since late August, ...

WASHINGTON (Reuters) — U.S. consumer prices increased more than expected in September as rents surged by the most since 1990 and the cost of food also rose, reinforcing expectations the