Economy
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Country's real GDP increased in first quarter of 2026 at annualized rate of 2.2 percent
Investment, exports, consumer spending and government spending were contributors to the first-quarter real GDP increase. Imports, which are a subtraction in the calculation of GDP, also increased, the agency also said.
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Federal Reserve holds rates steady, but with significant disagreement
The vote was split 8-4, with officials expressing varying reasons for their vote.
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Federal Reserve expected to hold interest steady in Powell's final policy meeting as chair
The global energy shock stemming from the U.S.-Iran conflict in the Middle East is creating economic uncertainty as the Federal Open Market Committee meets to discuss policy.
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Dow leaps 400 points at opening, despite GDP contraction
The market is responding positively to hopes about Gilead Science's Remdesivir
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U.S. GDP contracts 4.8% during first quarter of 2020
The coronavirus related contraction is first in six years, worst since the Great Recession that ended in 2009
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Dow adds nearly 400 points as countries begin to reopen
Oil prices could be in trouble beyond just storage space
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Stocks jump as global governments discuss plans to reopen
Global markets are rallying as news comes of re-openings across Europe
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Treasury Sec. Mnuchin forecasts economic rebound this summer
Mnuchin believes the economy will begin picking up in July.
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Dow climbs modestly as Congress passes another stimulus bill and oil prices continue to recover
Investors worry that the market's rally at the beginning of the month is stalling out.
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Markets stay flat as 4.4 million Americans filed for unemployment last week
Bleak jobs report brings total to 26 million Americans who have filed since the pandemic began
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Cost of Social Security will exceed program's income in 2021, says board of trustees
In their annual report to congress the Social Security Board of Trustees projected a bleak and desperate future for the program
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Markets open with gains as oil prices rebound
Dow adds 400 points as markets look to regain some of the previous two days' losses
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Stocks plummet as oil dips into unprecedented negative territory
Chuck Schumer says Senate will likely pass additional small business aid bill today