Economy added 119,000 jobs in Sep., delayed report shows
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The U.S. economy grew in November at the fastest pace in four months, new surveys showed, and businesses turned more optimistic about the future following the end of the federal government shutdown.
The announcement shows consumer sentiment hovering near historic lows, reflecting Americans' ongoing concerns about affordability.
A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries.
Capital spending on AI has been a key driver of U.S. stock market returns and continues to exceed expectations, comprising a large portion of S&P 500 capital expenditures. Jason Furman, a Harvard University economics professor,
A Bloomberg Economics study finds the U.S. could gain 1% GDP growth by abandoning green energy if other nations continue renewable pursuits. But if other countries follow the U.S. and pivot away from renewables, America’s economy would contract 1% alongside a 75% surge in global emissions.
Since precious metals like gold and silver make up a part of these critical industries, it’s no surprise they’re both having a historic run this year. Gold prices topped $4,300 in October (4), while silver hit a high of about $53 — a 70% increase over last year (5).
Over the last few years Washington tried to micromanage the economy—and the results speak for themselves. When regulators second-guess business decisions, slow-walk mergers and erect new barriers to growth, innovation doesn’t just stall; it starts to reverse.