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Economic Reports GDP

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  • US is headed for 'good, solid growth': Expert Thursday, 30 Jul 2015 | 10:14 PM ET
    US is headed for 'good, solid growth': Expert

    Jim Sarni, managing principal at Payden & Rygel, says the second-quarter gross domestic product (GDP) suggests that things are clearly improving in the U.S., paving the way for a Fed rate hike.

  • Taiwan stocks down on poor GDP growth reading Thursday, 30 Jul 2015 | 10:11 PM ET

    TAIPEI, July 31- Taiwan stocks fell on Friday after the government gave a dismal early reading of second-quarter GDP growth, sharply lower than forecast. As of 0151 GMT, the main TAIEX index fell 0.6 percent, to 8,600.38, below other regional bourses, after closing at 8,651.49 in the previous session, up 1 percent. The Taiwan dollar firmed T $0.052 to T $31.549 per U.S....

  • TOKYO, July 31- The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. The market will continue to search for more hints on whether it will come in September or later, "said Shin Kadota, chief FX strategist at Barclays in Tokyo. U.S. interest rate futures priced in a higher chance of a September rate hike,...

  • Odds of rate hike this year very slim: Gartman Thursday, 30 Jul 2015 | 5:23 PM ET
    Dennis Gartman

    With inflation still under 2 percent and likely to stay that way, the odds of a Fed rate hike this year are very slim, Dennis Gartman said.

  • NEW YORK, July 30- Wall Street ended flat on Thursday as investors digested ho-hum corporate earnings and a report that showed that the economy picked up steam in the second quarter.

  • US growth disappoints Thursday, 30 Jul 2015 | 11:20 AM ET
    US growth disappoints

    Lindsey Piegza, chief economist at Stifel Fixed Income, discusses U.S. GDP growth in the second quarter and when the Federal Reserve will raise interest rates.

  • US STOCKS-Wall St lower amid weak earnings and GDP data Thursday, 30 Jul 2015 | 11:16 AM ET

    *Skechers, Mondelez jump after profits beat expectations. July 30- U.S. stocks fell in late morning trading on Thursday as earnings from Facebook and Procter& Gamble disappointed investors and data showed that the economy expanded at a slower-than-expected pace in the second quarter. Procter& Gamble's 3.7 percent fall dragged down the Dow, after the company...

  • Second-quarter GDP: By the numbers Thursday, 30 Jul 2015 | 10:33 AM ET
    Welders work on a petroleum tanker at the Aker Philadelphia Shipyard in Philadelphia.

    A new look at growth, with CNBC's Steve Liesman. First quarter GDP was revised higher to 0.6 percent.

  • The read on the Fed Thursday, 30 Jul 2015 | 10:07 AM ET
    The read on the Fed

    GDP for the second quarter came in short, but is it good enough for a rate hike? Jeffrey Rosenberg, BlackRock managing director, provides perspective.

  • July 30- U.S. stocks opened lower on Thursday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter.

  • *Second-quarter GDP expands at 2.3 percent rate. WASHINGTON, July 30- U.S. economic growth accelerated in the second quarter as solid consumer spending offset the drag from weak business spending on equipment, suggesting a steady momentum that could bring the Federal Reserve closer to hiking interest rates this year. Gross domestic product expanded at a 2.3...

  • Cramer on 2015's mixed signals Thursday, 30 Jul 2015 | 9:01 AM ET
    Cramer on 2015's mixed signals

    CNBC's Jim Cramer discusses Thursday's GDP data report and how 2015 has looked thus far as we head into the second half of the year.

  • July 30- U.S. stocks were set to open lower on Thursday after data showed that the U.S. economy grew at a slower-than-expected pace in the second quarter even as the Federal Reserve left doors open for a possible rate hike in September. Gross domestic product expanded at a 2.3 percent annual rate, the Commerce Department said, but economists had expected a 2.6...

  • This could tilt rate hike towards September: Economist Thursday, 30 Jul 2015 | 8:37 AM ET
    This could tilt rate hike towards September: Economist

    Mike Feroli, JPMorgan Chase, provides analysis on the latest GDP data and what could trigger the Federal Reserve to raise interest rates next month.

  • WASHINGTON— The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year. The Commerce Department said Thursday that the gross domestic product, the economy's total output of goods and services, grew at a 2.3 percent annual rate in the...

  • Q2 GDP up 2.3%, weekly jobless claims at 267,000 Thursday, 30 Jul 2015 | 8:30 AM ET
    Q2 GDP up 2.3%, weekly jobless claims at 267,000

    CNBC's Rick Santelli breaks down the latest numbers on unemployment and GDP. And CNBC's Steve Liesman adds perspective.

  • US govt: Years of growth weaker than we thought Thursday, 30 Jul 2015 | 8:30 AM ET
    An employee works on the assembly line at the General Motors Assembly Plant in Arlington, Texas.

    The government announces its annual revisions of the past three years and confirms a series of stories in CNBC raising questions about growth.

  • *Second-quarter GDP expands at 2.3 percent rate. WASHINGTON, July 30- U.S. economic growth accelerated in the second quarter as a pick-up in consumer spending offset the drag from soft business spending on equipment, suggesting a steady momentum that could bring the Federal Reserve closer to hiking interest rates this year. Gross domestic product expanded at a...

  • LONDON, July 30- The dollar jumped and stock markets around the world were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S. economy, boosting bets that it will hike interest rates in September. Big name companies set to report include Colgate-Palmolive, Coca-Cola, Mondelez International before the bell and...

  • July 30- U.S. stock index futures were little changed on Thursday ahead of second-quarter gross domestic product numbers that will give clues regarding the health of the economy even as the Fed left the door open for a possible interest rate hike in September. The S&P 500 has bounced about 2 percent higher in the past two days following a near-3 percent drop over...