Leading Economic Indicators
NEW YORK | An unexpectedly strong report on U.S. economic growth pushed stocks higher Friday, capping off Wall Street's best week in three months.
Trader Warren Meyers, center, works on the floor of the New York Stock Exchange. Investors continued Friday to breathe a sigh of relief that the U.S. central bank has committed to keeping interest rates low even though it has decided to start pulling back on its monetary stimulus. (AP Photo/…
FILE - In this Nov. 14, 2013, file photo, President Barack Obama speaks at ArcelorMittal, a steel mill in Cleveland. The Commerce Department releases final third-quarter gross domestic product on Friday, Dec. 20, 2013. (AP Photo/Pablo Martinez Monsivais, File)
WASHINGTON (AP) — The U.S. economy grew at a solid 4.1 percent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously believed. Much of the upward revision came from stronger consumer spending.
WASHINGTON | Consumers will likely pay more for home loans. Savers may earn a few more dollars on CDs and Treasurys. Banks could profit. Investors may get squeezed.
WASHINGTON | The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The shift could lead to higher long-term borrowing rates for individuals and businesses.
DETROIT | Ford Motor Co. warned of tough price competition and harder-to-reach profit targets Wednesday, a sign that the company and the auto industry face a tougher road after four years of robust recovery from the Great Recession.
FILE - In this Feb. 26, 2013 file photo, Federal Reserve Board Chairman Ben Bernanke testifies before the Senate Banking Committee hearing on Capitol Hill in Washington. Most economists think the Fed, after meeting this week, will maintain the pace of its monthly bond purchases to keep long-…
WASHINGTON (AP) — U.S. builders broke ground on homes at the fastest pace in more than five years, strong evidence that the housing recovery is accelerating despite higher mortgage rates.
In this Thursday, Nov. 14, 2013 photo, construction continues on a new single family home in Mount Lebanon, Pa. The Commerce Department reports the pace at which builders broke ground on homes in November on Wednesday, Dec. 18, 2013. (AP Photo/Gene J. Puskar)
In this Wednesday, Oct. 23, 2013, file photo, job applicants arrives for an internship job fair held by the Miami Marlins, at Marlins Park in Miami. The government issues the October jobs report, on Friday, Nov. 8, 2013, which had been delayed a week because of the government shutdown.
Twitter signage is draped on the facade of the New York Stock Exchange, Thursday in New York.
Trader Warren Meyers on the floor of the New York Stock Exchange Wednesday. Stocks were little changed in early trading Wednesday as investors wait to hear from the Federal Reserve on the fate of the central bank's bond-buying program.
WASHINGTON | U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September.
Serena Williams celebrates with the trophy after defeating Agnieszka Radwanska to win the women's final match Saturday at the All England Lawn Tennis Championships at Wimbledon, England.
NEW YORK | Job growth in the United States is slowing. Sales at stores have stopped growing. The economies of India, Brazil and China are cooling. Europe is crippled by government debt and bad bank loans.
The stock market just had its best first quarter in 14 years. The surge has sent Wall Street analysts, some of whose forecasts seemed too sunny three months ago, scrambling to raise their estimates for the year.
It's the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession.
Big, round numbers are hard to ignore. That's why we pay attention when the odometer clicks over to 100,000 miles, and why the world threw a party at the dawn of 2000 instead of the technical start of the millennium in 2001.
The Phantom of Las Vegas is singing his final opera.
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