Happening Now The nation's economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending, per the AP. A slip: Thursday's report from the Commerce Department said the gross domestic product—the economy's total output of goods and services—decelerated from its brisk 3.4% growth rate in the final three months of 2023. Keep reading From our sponsor It's not just about earning more. At Nomad Capitalist Live 2024, discover the legal strategies the affluent use to guard their wealth from taxes. It's about the secrets they aren't telling you. Tell Me More |
Thursday, April 25, 2024
GDP Falls Short, Puts Wall Street in a Sour Mood (Newser Breaking News)
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