Posted on 31 October 2014 | 1:31 am
tocks are tipped for a perky start Friday as cues from both the U.S. and Asia look extremely positive. The Fed's surprising optimism over the U.S. economy seems to have been fully justified by the third quarter's GDP growth. An annualized rise of 3.5% slightly exceeded market hopes and sent Wall Street into the close with plenty of green on the screens.
Posted on 30 October 2014 | 10:03 pm
TOKYO (AP) — Japan's economic recovery remained in the doldrums in September, as household spending fell, inflation edged lower and unemployment ticked up. The data were released Friday as the Bank of Japan held a monetary policy meeting. As the U.S. winds down its own "quantitative easing," Japan's central bank faces pressure to increase stimulus to support growth as Prime Minister Shinzo Abe ...
Posted on 30 October 2014 | 4:56 pm
WASHINGTON (AP) — The U.S. economy powered its way to a solid annual growth rate of 3.5 percent from July through September, outpacing most of the developed world and appearing on track to extend its momentum through this year and beyond.
Posted on 30 October 2014 | 3:44 pm
By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials. Despite the bullish data and the Federal Reserve's Wednesday statement indicating the economy is strengthening, gains on the S&P 500 were led by ...
Posted on 30 October 2014 | 11:59 am
By Lucia Mutikani WASHINGTON (Reuters) - A smaller trade deficit and surge in defense spending buoyed U.S. economic growth in the third quarter, but domestic demand slipped, hinting at some loss of momentum. Gross domestic product grew at a 3.5 percent annual pace, the Commerce Department said on Thursday. However, the pace of growth in business investment, housing and consumer spending slowed ...
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