Top Economist Warns Recession Risks Remain 'Uncomfortably High' Despite Receding As Market Valuation Nears 'Y2K Bubble' Peak

Despite a strong GDP revision, Moody's warns recession risks remain "uncomfortably high" as stock valuations approach the Y2K ...

GDP beats expectations; 'I'm amazed by the American consumer,' economist says

The Bureau of Economic Analysis said the improved second-quarter GDP results are credited to a decrease in imports, which are ...

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

“The rise in real consumption in August means that, given the stronger momentum going into the third quarter, we now have third-quarter consumption growth tracking as high as 3.3%, up from 2.3% last ...

GDP revised up to strong 3.8% rate in second quarter, final estimate shows

Second-quarter GDP was revised up to a strong 3.8% rate. That comes after the GDP contracted in the first quarter.

Oil holds steady at multi-week high as Russia limits fuel exports, US GDP revised up

Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel ...

GDP surprise: Services pushes up Q1 growth to 5-quarter high of 7.8%

The unexpected pick-up in growth will be welcomed by Indian policymakers, who have been scrambling to offset the impact of ...