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US economy grew 2.3% in 4th quarter, slower than expected

US economy slows in the fourth quarter; spending robust

Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter.

Hosted on MSN · 2h

US economy grew 2.3% in the fourth quarter, slower than expected

The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.

The New York Times · 2h

U.S. Economy Grew 2.3 Percent in Fourth Quarter,

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.

Trump Reverses Spending Freeze

CNN on MSN · 16h

Inside 45 hours of chaos: The brief life and quick death of Trump’s federal spending freeze

The withdrawal of the federal freeze was a stunning about-face for President Donald Trump’s White House, which has so far pushed the envelope to reshape the federal government, sowing chaos and confusion in firing career civil servants, pausing foreign aid programs and offering federal workers a buyout.

Can Trump Use Impoundment To Freeze Spending Approved By Congress?

President Trump is impounding funds already legally authorized by Congress, in defiance of law, precedent, and arguably the Constitution.

The Washington Post on MSN · 21h

Trump White House rescinds order freezing federal spending, reversing course

The White House budget office on Wednesday rescinded an order freezing federal grants, according to a copy of a new memo obtained by The Washington Post, after the administration’s move to halt spending earlier this week provoked a backlash.

13hon MSN

Zuckerberg says it's too soon to tell what impact DeepSeek will have on AI spending

Mark Zuckerberg said Wednesday it was too soon to say how advancements by DeepSeek, a Chinese startup, would impact Meta's ...

1don MSN

Trump’s spending freeze sets up a future possible Supreme Court showdown over presidential power

President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the ...

6h

EU members of NATO ready to raise defence spending beyond 2% of GDP, Costa says

The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of ...

14hon MSN

Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending

The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's ...

21hon MSN

White House spending freeze sparks talk of a ‘constitutional crisis’

We have a constitutional crisis,” Democratic Sen. Jeff Merkley said of Team Trump's latest scheme. It's worth appreciating ...

17h

Meta Earnings Top Estimates Amid Big Growth in AI Spending

Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.

17hon MSN

ESPN's Jeff Passan Slams Yankees for Lack of Spending in Free Agency

The New York Yankees should be spending more of their money, according to one MLB insider. ESPN reporter Jeff Passan joined ...

15hon MSN

Meta defends $65bn AI spend after DeepSeek rise

Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake ...

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