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taking calipari up on his invitation and catching a home game. >> love that story. >> i love it. cnn's coverage continues right now. good morning. i'm erica hill. we begin with news just in to cnn. the u.s. economy growing in the third quarter and beating expectations. the gdp, a key indicator of economic activity, rising by an annualized rate of .6%, the first period of positive growth this year following two back-to-back quarters of decline. cnn chief business correspondent christine romans with us now. this is a little better than expectations. we were expecting to see a little ...

continuing concerns over inflation. how do those two square? we'll have much more on that in just a moment. plus happening right now, an investigation underway in arizona after the democratic candidate for governor katie hobbs said someone broke into her campaign headquarters. kyung lah is following this for us in phoenix. and more on the break-in. and police say there were some items taken. what more are we learning about this break-in and also what was taken from the office? >> reporter: well the campaign is still trying to sort exactly what was taken. they have to inventory everyt...

raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let's get to the new report and what it means and what is it doesn't. matt egan is here. and what does this good news say about what is next? >> well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends...

top of the hour on "cnn newsroom." so good to have you. i'm victor black well. >> i'm bianna. less than two weeks until election day and new twists may shake up some key races. in georgia where the tied u.s. senate race could determine which party will have future control, republican candidate herschel walker is facing a second allegation that he paid for an ex-girlfriend's abortion. walker is calling this a lie. the unnamed woman says she is an independent who voted for donald trump and was walker's mistress in the early '90s. >> he has taken the position that he is, quote, about li...

>> we will see. >> all that coverage, kaitlan, thank you. >> we will see you on monday. >> thanks, everyone, for hanging out with us this week. have a good safe weekend. we will see you monday. "cnn newsroom" is now. ♪ very good friday morning to you. no break from the news in sight yet, i'm jim sciutto. >> yeah, it is quite a friday, it's been quite a week, i'm erica hill. at this hour on capitol hill the standoff continues over who will be the next house speaker. we are entering the fourth day here and there is no clear end in sight. kevin mccarthy once again failing to get the...