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Tag: quarter

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of a better than expected business investment and stronger government spending, the Commerce Department reported Wednesday.Gross domestic product, a measure of all goods and services...

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures, and a variety of other domestic and global headwinds.Gross domestic product, a measure of all goods and...

Oil giant profit slides 23% in third quarter

Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter to Sept. 30, down to $32.6 billion attributable to "the impact of lower crude oil prices and volumes sold," the company said Tuesday.The third-quarter net profit result...