Economy

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…

Peace talks in the Middle East will take time to resume, World Bank chief says

The president of the World Bank on Tuesday said that it will be some time before progress toward a more…

IMF chief says Israel-Hamas war is a new cloud on the world’s economic horizon

The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…