CBS News business analyst Jill Schlesinger discusses how American consumers are helping to boost the economy. The latest numbers show economic growth doubled to an annual rate of 2.8% in the last three months from 1.4% in the first quarter of 2024.
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GLOSTER, Miss. (AP) This southern Mississippi town’s expansive wood pellet plant was so close to Shelia Mae Dobbins’ home that she sometimes heard company loudspeakers. She says industrial residues coated her truck and she no longer enjoys spending time in the air outdoors. Dobbins feels her life and health were better before
Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut. The positive performance came despite more losses on Wall Street, where the so-called “Magnificent Seven” heavyweights —
Sioux Falls Mayor Paul TenHaken presented his proposed 2025 budget and an overview of the Capital Program with the City Council on Thursday afternoon.
Ahmed Shakir, Tata Communications CFO, discusses its areas of focus, saying it aims to double its data business.
At the state level, Boozer said the economy is growing quickly, thanks to a balanced budget.
Hasbro CEO Chris Cocks joins ‘Mad Money’ host Jim Cramer to talk quarterly results, consumer trends, growth areas for the company and more.
The Nigerian government is suspending the proposed 20% hike in taxes on Sugar-Sweetened Beverages (SSBs) to ease the hardship in the industry and retain jobs.
Durable goods were fell sharply in June to their lowest level in four years, caused in large part by tumbling aircraft orders.
Meta will report second-quarter earnings on Wednesday with investors watching for ad revenue growth and updates on artificial intelligence initiatives.
According to the Commerce Department’s advance report on second-quarter GDP, growth was also bolstered by inventory building and increased government spending.
By Max A. Cherney