The housing market is slowing. Businesses are pulling back on hiring and investment. But American consumers are keeping the economy out of a recession — at least for now. Gross domestic product, adjusted for inflation, […]
WASHINGTON — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. Many economists, though, […]
Facebook parent company Meta’s first-quarter results surpassed Wall Street’s modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta reported that the monthly user base of its flagship platform — […]
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