Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
NBC New York12d
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed ...
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
Inside Trump’s first strikes at Biden’s climate legacy
The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has ...
CBS News13d
As Biden exits, how will he be remembered for his handling of the U.S. economy?
Housing costs continued to soar under Biden due to rising home values as well as soaring mortgage rates after the Federal Reserve hiked ... undocumented immigrants. "Joe Biden's legacy is marred ...