Economy

Biden hails hot GDP report, but voters don’t see the rosy picture Wall Street does

WASHINGTON —  The U.S. GDP grew at 5% last quarter, better than expected, and President Joe Biden said it was evidence…

Watch live: ECB President Christine Lagarde speaks after opting to hold rates

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…

European Central Bank holds interest rates steady after 10 consecutive hikes

The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from…

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of…

Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more

Check out the companies making headlines in premarket trading. Hasbro — The toymaker tumbled 9.2% following a weaker-than-expected financial report…

U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia

Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…

The economy probably showed gangbuster growth in the third quarter. But will it last?

The U.S. economy likely turned in another strong performance heading into the final part of the year, though what’s ahead…