The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strongTag: RECESSION
Markets underestimate risk of inflation re-accelerating, says PIMCO
Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.
Read More Markets underestimate risk of inflation re-accelerating, says PIMCOUS weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
Read More US weekly jobless claims fall slightly more than expectedUS economy shrugs off recession prediction with strong fourth-quarter performance
The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.
Read More US economy shrugs off recession prediction with strong fourth-quarter performanceUS job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Read More US job growth accelerates in December; wage gains solidUS retail sales beat expectations; weekly jobless claims fall
U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.
Read More US retail sales beat expectations; weekly jobless claims fall