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U.S. economy grew 2.3% in 4th quarter
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
GDP: US economy grows at slower-than-expected pace in fourth quarter
The US economy grew at a slower-than-expected pace in the fourth quarter. The Bureau of Economic Analysis's advance estimate of fourth quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
Tesla’s profits slide over 70 percent in 4th quarter
Tesla’s profits slide over 70 percent in the fourth quarter
During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in revenue. That represents a 1.9 percent increase year over year compared to $25.2 billion in revenue in Q4 2023 and a 70 percent decrease in net income. (The company’s net income in Q4 2023 includes a one-time non-cash tax benefit of $5.9 billion.)
Caixabank's Fourth Quarter Net Profit Rises 33% on Higher Fees
MADRID (Reuters) -Spain's Caixabank said on Thursday its net profit rose 33% in the fourth quarter from the same period in 2023 as a rise in fees and commissions more than offset lower lending income.
Tesla's fourth-quarter results fall short of Wall Street estimates
Tesla's fourth-quarter net income fell 71% from a year ago, when results were boosted by a one-time tax benefit.
7h
H&M's fourth-quarter sales dented by late Black Friday
H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up ...
2m
Bills GM believes Josh Allen converted on fourth-down keeper in loss to Chiefs despite NFL's explanation
While he appreciates the NFL's communication and transparency, Bills general manager Brandon Beane still feels that the ...
2h
Why fourth-quarter GDP report suggests Fed monetary policy in ‘a good place’
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
18h
on MSN
Norfolk Southern CEO optimistic about 2025 after solid fourth quarter
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support ...
17h
Ticker: FDA puts out alarming chocolate recall; Tesla’s fourth-quarter results fall short; Meta posts sharply higher Q4 profit
Ticker: FDA puts out alarming chocolate recall; Tesla’s fourth-quarter results fall short; Meta posts sharply higher Q4 ...
1d
on MSN
Atlanta's Fourth Quarter Comeback Falls Short vs Houston Sending Atlanta to Its Sixth Straight Loss
It was another tough situation for the Hawks tonight vs the team with the third-best record in the NBA, the Houston Rockets.
23h
on MSN
Nasdaq's fourth-quarter profit rides on lower-than-expected fintech performance
Nasdaq reported higher fourth-quarter profit on Wednesday, helped by increased demand for the exchange operator's financial ...
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