Tag Archives: GDP

Asian shares hit two-month high after solid U.S. job growth

By Hideyuki Sano TOKYO (Reuters) – Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil & commodity…

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U.S. consumer spending gains steam; inflation stirring

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose solidly in January & underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases…

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Fed's Williams says sees 'smidgen' slower rate hikes

By Ann Saphir SAN FRANCISCO (Reuters) – The Federal Reserve probably needs to keep U.S. interest rates lower for longer given headwinds from weak global economic growth, a stronger dollar…

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U.S. economy hits soft patch in fourth quarter as inventories, trade weigh

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut & a strong dollar &…

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Consumer, business spending support U.S. third-quarter growth

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew at a fairly healthy clip in the third quarter as strong consumer & business spending offset efforts by businesses to…

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Greek parliament approves austere budget for 2016

By Karolina Tagaris ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending & some tax increases to satisfy the country's international lenders at a…

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Futures lower ahead of GDP data

By Abhiram Nandakumar (Reuters) – U.S. stock index futures were down on Tuesday ahead of third-quarter GDP data that could feed into the Federal Reserve's decision on whether to raise…

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U.S. consumer spending gain smallest in eight months

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending in September recorded its smallest gain in eight months as personal income barely rose, suggesting some cooling in domestic demand after…

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U.S. stocks open lower after GDP data, Fed

(Reuters) – U.S. stocks opened lower on Thursday, after the Federal Reserve revived expectations of an increase in interest rates in December & data showed that U.S. GDP growth was…

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Inventories hurt U.S. third-quarter GDP, domestic demand strong

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking warehouses to work off an inventory glut, yet solid…

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