Published On Sep 26, 2024, 8:44 AM
The U.S. economy saw a growth of 3% in the second quarter of this year, matching economists' predictions. This figure follows an upward revision of the first-quarter growth from 1.4% to 1.6%, indicating a strong economic performance compared to the earlier quarter, which had a growth rate of 3.4%.
Positive
The consistent economic growth reflects a stable environment for corporate performance, encouraging investments in growth-oriented sectors.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.