The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a 3.3% annualized pace, the second estimate from the […] The post US economy expands at revised 3.3% rate on stronger investment appeared first on Auto Finance News.| Auto Finance News
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor...| Auto Finance News
Underlying US inflation accelerated in July to the strongest pace since the start of the year, though a tepid rise in goods prices...| Auto Finance News