EghtesadOnline: The U.S. economy grew at its fastest pace in two years in the third quarter as a surge in soybean exports and a rebound in inventory investment offset a slowdown in consumer spending.
EghtesadOnline: Several voting Federal Reserve policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen but doubts on inflation remained, according to the minutes of the Fed's September policy meeting released on Wednesday.
EghtesadOnline: The U.S. economy is not in danger of overheating, and the Federal Reserve should continue its data-dependent approach to another interest rate hike, the International Monetary Fund chief economist Maurice Obstfeld said on Tuesday.
EghtesadOnline: Germany's economy ministry believes a Donald Trump presidency would severely damage the U.S. economy, according to an internal memorandum reported by Der Spiegel magazine on Saturday.
EghtesadOnline: Dallas Federal Reserve Bank President Robert Kaplan said on Friday that while he has scoured the data, he sees no evidence the U.S. economy is overheating, so the central bank can continue to be patient in raising interest rates.
EghtesadOnline: The U.S. economy is on track to grow at a 2.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDP Now forecast model showed on Friday, following the latest data on inventories, trade and consumer spending this week.
EghtesadOnline: The Federal Reserve can raise interest rates without threatening the U.S. economic recovery, a top Federal Reserve policymaker said on Tuesday, saying the central bank risks doing more harm by continued inaction.
EghtesadOnline: Friday capped the busiest week for the U.S IPO market this year, but the country's six largest banks have little reason to cheer.
EghtesadOnline: Billionaire investor Carl Icahn continued to throw his support behind the Republican U.S. presidential candidate on Tuesday, saying Donald Trump would reduce the regulation of U.S. companies.
EghtesadOnline: The U.S. economy could be $1 trillion smaller than otherwise expected in 2021 if Republican candidate Donald Trump wins the presidential election in November, economics research firm Oxford Economics said on Tuesday.