US Economy Grows 1.6% In Q1, Sharply Below Expectations As Price Pressures Weigh On Spending (CORRECTED)

U.S. stocks closed sharply higher Tuesday, lifted by growing expectations that the worst of the human toll of the COVID-19 pandemic may have passed......»»

Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers shopping for Christmas gifts and making fuel cheaper for people in poorer countries......»»

Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers shopping for Christmas gifts and making fuel cheaper for people in poorer countries......»»

Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers shopping for Christmas gifts and making fuel cheaper for people in poorer countries......»»

Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»

What Happened: Bitcoin (BTC) price corrected sharply from $57,000 to just under $50,000 earlier today, before recovering to $54,178 at the time of writing. read more.....»»

U.S. Treasury yields rise Tuesday, starting the holiday-shortened week on a bearish footing as traders flee from longer-dated government bonds amid expectations for vaccines and fiscal spending to power the economy through the pandemic......»»

Gold futures ended higher Monday, with support tied to expectations for another round of significant aid spending to bolster the U.S. economy. February gold rose $21, or 1......»»

Energy-sector exchange-traded funds surged one day after the oil price closed at its highest level in more than a year, on hopes of a recovering economy and additional fiscal spending. The Energy Select Sect.....»»

U.S. stocks end sharply lower on Tuesday, erasing the previous day’s gains, as investors monitor tentative efforts to reopen the economy and weigh tensions between Washington and Beijing......»»

U.S. railroad operator CSX Corp on Wednesday withdrew its financial forecasts and said it was evaluating future spending as business shutdowns triggered by the COVID-19 pandemic weigh on the U.S. economy......»»

U.S. railroad operator CSX Corp on Wednesday withdrew its financial forecasts and said it was evaluating future spending as business shutdowns because of the COVID-19 pandemic weigh on the U.S. economy......»»

The blue chip index is pointing to a 600-point fall, while S&P 500 and Nasdaq futures drop sharply......»»

The blue chip index is pointing to a 600-point fall, while S&P 500 and Nasdaq futures drop sharply......»»

American executives set buybacks and dividends as their top priority for deploying capital around the turn of this year, and sharply curbed their expectations for capital spending, according to a survey from UBS Group AG......»»

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and unchanged from the previous quarter's pace......»»

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market......»»

Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches......»»

Vanguard Intermediate-Term Corporate Bond ETF: A Re-Acceleration Of The U.S. Economy Will Weigh On Its Fund Price.....»»

Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»