WASHINGTON (Reuters) - The economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into recession as consumers and business cut spending.
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BING NEWS:
- Big Update To Google’s Ranking Drop Documentation
Google updated their guidance with five changes on how to debug ranking drops. The new version contains over 400 more words that address small and large ranking drops. There’s room to quibble about ...
04/26/2024 - 9:08 pm | View Link - We have more insights as to where the economy is headed — and it's not good
Inflation rearing its ugly head again proved problematic for the market.
04/26/2024 - 2:52 am | View Link - US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
04/25/2024 - 12:31 pm | View Link - Dow falls by 450 points after GDP report
New York (CNN) — US stocks were lower Thursday afternoon after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.
04/24/2024 - 1:00 pm | View Link - High-resolution lidar sees birth zone of cloud droplets
Scientists demonstrated the first-ever remote observations of the fine-scale structure at the base of clouds. The results show that the air-cloud interface is a transition zone where aerosol particles ...
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