U.S. economy grew more than thought in 2nd quarter
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The U.S. economy grew faster than expected in the spring, fueled by resilient consumer spending and business investment, though signs of slowing momentum are beginning to surface.
CarMax, the biggest seller of used cars, said that sales and profit plunged in the latest quarter. Its shares closed down 20%.
KKR’s balance sheet CIO Henry McVeigh believes the latest U.S. economic data reveals a significant capital expenditure boom ...
Shoppers are still expected to open their wallets this holiday season, and one retailer will be ready for them.
Gross domestic product grew at a 3.8% annual rate in April through June, up from a previous estimate of 3.3%, as consumer spending was revised higher.
Brazil’s central bank said economic growth will slow over the coming year as interest rates at nearly a two-decade high grind ...
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