President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for inflation and vowing to unleash American energy production to bring it down

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed plans for more rate cuts

To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record: hiring proceeding at a solid clip, gross domestic product on the rise and consumers still spending at a strong pace. There's just one problem ...

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

GDP grew 2.3 per cent annually in the fourth quarter of 2024, down from 3.1 per cent in previous quarter. Read more at straitstimes.com.

The thing NCR columnist Michael Sean Winters most admired about President Joe Biden's Catholicism these past four years was not his embrace of Catholic social ethics. It was his observance of our cultic ethic.

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing climate change.

The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump White House.

A Tax Foundation report found tariffs Trump implemented in his first term have kept prices “ unreasonably high ,” tariffs former President Joe Biden maintained. And a report from the Urban Institute’s Tax Policy Center predicted the proposed tariffs would have a 5% to 10% effect on New York’s gross domestic product.

Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.