Stocks and Investing Stocks and Investing
Thu, November 28, 2024
[ 04:21 AM ] - United States, Thomas Matters
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[ 04:21 AM ] - United States, Thomas Matters
Wall Street sees 'no alternative' to U.S. stocks in 2025. Here's why.
[ 04:20 AM ] - United States, Thomas Matters
Here's the Average Stock Market Return Over the L .. 10 Years, and What It Means for the Next 10 Years
[ 03:20 AM ] - United States, Thomas Matters
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[ 03:01 AM ] - United States, Thomas Matters
Stock market today: Losses for Big Tech pull US indexes lower
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What Happens To Your Money When A Mutual Fund Scheme Is Closed?
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Embecta upgraded to Buy from Neutral at BTIG
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Analysis-Australia's Hot Jobs Market Keeps Rate Cuts Out of Reach
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3 Market-Beating ETFs for Large-, Mid-, and Small-Cap Exposure
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How to Invest in Golden Goose Pre-IPO
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Digital infrastructure, interconnected Grid, & af .. t attractive investment destination: Piyush Goyal
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Canadian Dollar catches a break from selling pressure on Wednesday
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Adani Green Energy Says No Talks on New Financial Commitment With TotalEnergies
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OFP Funding Review 2024: : Everything You Need to Know Before Signing Up
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BMO ETFs: All-in-One Solutions for Simplified Investing
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Dow Jones Industrial Average ends Wednesday lower despite tapping record bid
[ 12:20 AM ] - United States, Thomas Matters
European Stocks off Two-Week Highs as Energy Stocks Weigh
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49-Year-Old Makes $5,180 a Month in Dividends Wit .. t Night' Portfolio - Top 10 Stocks You Can't Miss
Wed, November 27, 2024
[ 11:41 PM ] - United States, Thomas Matters
Is Tesla a better opportunity than Indian automakers?
[ 11:41 PM ] - United States, Thomas Matters
Here's Why Momentum in Vertiv (VRT) Should Keep going
[ 11:40 PM ] - United States, Thomas Matters
Gold funds vs ETFs: Which one should investors choose now?
[ 11:21 PM ] - United States, Thomas Matters
Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress
[ 11:21 PM ] - United States, Thomas Matters
Stocks slip the day before Thanksgiving as Nvidia, Dell decline: Live updates
[ 11:20 PM ] - United States, Thomas Matters
Sudarshan Chemical shares in focus after promoters sell stake via block deals
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Quantum Computing: I Don't Expect Big Revenues Until 2030+
[ 10:40 PM ] - United States, Thomas Matters
Consumer Spending Powers Q3 US GDP Growth to 2.8%

Consumer Spending Powers Q3 US GDP Growth to 2.8%


Published on 2024-11-27 22:40:59 - Thomas Matters, WOPRAI
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  • Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.

The U.S. economy grew at an annual rate of 4.9% in the third quarter of 2023, marking the strongest growth in nearly two years, according to the Commerce Department's initial estimate. This surge was driven by robust consumer spending, increases in private inventory investment, and federal government spending. Despite this growth, concerns about inflation persist, with the Federal Reserve closely monitoring economic indicators to decide on future interest rate adjustments. The report also highlighted a significant increase in exports, particularly in petroleum, and a rise in business investments in equipment and intellectual property products. However, there was a notable decrease in housing investment, reflecting the impact of higher mortgage rates.

Read the Full Transport Topics Article at [ https://www.ttnews.com/articles/us-gdp-q3-2024 ]

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