Economy

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…

Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts

The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…

Stocks making the biggest moves after hours: NetApp, Workday, Leslie’s, Las Vegas Sands and more

Check out the companies making headlines in extended trading. Workday — Stock in the workforce platform provider added more than…

Fed’s Waller expresses confidence that policy is in the right place to bring down inflation

Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring…

The U.S. needs ‘bipartisan’ leadership and a ‘strong middle’ politically, Ray Dalio says

As the U.S. gears up for its next presidential election in 2024, the country needs a “strong middle” political ground…

‘Stop the price gouging’: Biden hits corporations over high consumer costs

President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate…

Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks

Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy,…