An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. (AP Photo/Sean Rayford, File)
Markets

U.S. economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes

PHOTO: Shutterstock
Money

Federal Reserve launches long-awaited instant payments service, modernizing system

PHOTO: Shutterstock
Companies

U.S. banks’ reserves steady, assuaging liquidity drainage fears

PHOTO: Prostock-Studio/iStock via Getty Images
Markets

U.S. retail sales rise moderately; economy plodding along

Employees work on the construction line for overhead bins at the Boeing Interiors Responsibility Center in North Charleston, S.C., on May 31, 2023. (Gavin McIntyre/The Post And Courier via AP)
Markets

U.S. manufacturing output falls in June; rebounds in second quarter

New apartments are seen under construction in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones
Construction

Strong U.S. apartment construction suggests slide in rental costs

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly
United States

U.S. producer inflation muted; labor market still tight

A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger
United States

US economy shifts into disinflation mode; consumer prices rise modestly

Customers shop at a retail store in Vernon Hills, Ill., Monday, June 12, 2023. (AP Photo/Nam Y Huh)
United States

Is it a ‘richcession’? Or a ‘rolling recession’? Or maybe no recession at all?

Unsold 2023 Gladiator pickup trucks sit in a long row at a Jeep dealership Sunday, June 18, 2023, in Englewood, Colo. The Commerce Department issues its third and final estimate of how the U.S. economy performed in the first quarter of 2023. (AP Photo/David Zalubowski)
United States

US economic growth last quarter is revised up sharply to a 2% annual rate

PHOTO: Jim Young | REUTERS
Markets

US business activity growth slows in June but services keep humming along

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