Breaking News: Economy
- 10-year Treasury yield lower as investors mull rates path following strong GDP data - The 10-year benchmark yields edged lower at the start of a shorter trading day.
- U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows - The U.S. economy grew at a much bigger-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed.
- Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
- Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report - U.S. holiday retail spending rose 4.2% as consumers spent more on tech and apparel, with online sales jumping 7.8%, Visa data shows, despite higher prices.
- Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge - It comes as fiscal deficits and the race for the next chair of the Federal Reserve weighs on investors' minds.
- Your CEO wants to be a social media influencer. Is it cool or cringy? - Executives and founders were sold on the idea that social media is good for business. But they're learning the hard way that it's not all it's cracked up to be.
- Waller had a 'strong interview' for Fed chair with Trump as president appears to turn focus to job market - The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job.
- Asia-Pacific markets rise as investors await Bank of Japan decision - Asia-Pacific markets rose as investors on look toward the Bank of Japan decision coming out later in the day.
- Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation - Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.
- Here’s the inflation breakdown for November 2025 — in one chart - The consumer price index cooled unexpectedly in November. But economists said the data should be interpreted with some caution due to the government shutdown.