WASHINGTON (Reuters) - The U.S. economy likely accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, which would confirm that the sluggish performance early in the year was temporary.

BING NEWS:
  • Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
    U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates.
    01/9/2025 - 6:00 pm | View Link
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