CNBC's Steve Liesman reports the latest estimates on the health of the U.S. economy.
David Mann from StanChart Bank says that overcapacity might be a problem for the Chinese economy but it doesn't apply to all sectors.
However, the economic outlook for the country remains cloudy, says Selena Ling at OCBC.
CNBC's Steve Liesman looks at predictions for the economy in the new year under President-elect Trump.
SEJONG, South Korea, Dec 29- South Korea lowered its growth outlook for next year on Thursday as it saw weaker domestic demand and waning job growth holding back recovery in Asia's fourth-largest economy. An ongoing influence-peddling scandal involving President Park Geun-hye and her close acquaintance, Choi Soon- sil, has seen lawmakers overwhelmingly vote...
SEJONG, South Korea, Dec 29- South Korea lowered its growth outlook for next year as it sees weaker domestic demand and waning job growth holding back recovery in Asia's fourth-largest economy. The government is projecting 2.6 percent economic growth in 2017, down from its earlier estimate of 3 percent, and below the Bank of Korea's 2.8 percent forecast, the...
China will meet its growth target of 6.5 to 7 percent growth this year, Xinhua said.
OTTAWA, Dec 23- Canada's economy unexpectedly contracted at the start of the fourth quarter due to widespread weakness in the manufacturing sector and a decline in oil and gas extraction, data from Statistics Canada showed on Friday. The gross domestic product was down 0.3 percent in October, falling below economists' expectations for no growth.
Simon French, UK economist at Panmure Gordon, explains why the latest positive U.K. economic data is unsurprising - and led by consumers.
Italy's government approved a state bailout in principle for Monte dei Paschi di Siena on Friday.
GDP growth in the U.S. will stay in the 2 percent range, says Mark Zandi at Moody's Analytics.
The higher growth levels promised by Donald Trump will result in inflationary pressures, says Sam Chandan at Chandan Economics.
Many of Wall Street's top economists don't see the growth that President-elect Donald Trump expects from his administration's policies.
CNBC's Steve Liesman dives into the details of the latest economic indicators, including Q4 GDP tracking and Q1 GDP forecast.
CNBC's Rick Santelli and Mark Skousen, "Forecasts & Strategies" editor and Chapman University economics professor, discuss the latest action in the markets and the economy.
CNBC's Steve Liesman dives into the details of the latest economic indicators as well as average GDP forecasts from economists under President-elect Trump.
Apple fell 0.8 percent to $116.38 after Nokia said it had filed a number of lawsuits against the iPhone maker for patent infringement. Gross domestic product increased at a 3.5 percent annual rate instead of the previously reported 3.2 percent pace, the Commerce Department said in its third GDP estimate. "With less traders on their desks and most investors...
*Core capital goods orders rise 0.9 percent in November. WASHINGTON, Dec 22- New orders for U.S.-made capital goods rose more than expected in November amid strong demand for machinery and primary metals, suggesting some of the oil-related drag on manufacturing was starting to fade. The Commerce Department said non-defense capital goods orders excluding...
NEW YORK, Dec 22- U.S. Gross domestic product increased at a 3.5 percent annual rate instead of the previously reported 3.2 percent pace, the Commerce Department said in its third GDP estimate on Thursday. "The data was stronger than people expected," said Tom di Galoma, a managing director at Seaport Global Holdings in New York.
*Final reading of Q3 GDP at 3.5 pct vs. 3.3 pct est. Dec 22- U.S. stocks looked set to open little changed in light trading on Thursday as investors gear up for the holiday season. Gross domestic product increased at a 3.5 percent annual rate instead of the previously reported 3.2 percent pace, the Commerce Department said in its third GDP estimate.