WASHINGTON, Oct 9- U.S. wholesale inventories rose in August, boosted by larger stocks of computers and professional equipment used by businesses. The Commerce Department said on Friday that wholesale inventories increased 0.1 percent, outpacing the median forecast of a flat reading in a Reuters poll. Inventories are a key component of gross domestic product...» Read More
In Thursday's "Rapid Update," CNBC's Steve Liesman reports on the revised Q2 GDP estimates.
While Japan's second quarter contraction is worrying, markets should be more concerned about the weakness in consumption, says Izumi Devalier, Japan Economist at HSBC.
Robert Med, Partner at GMT Research, says the real issue facing Japan is the government's inability to rein in the country's mounting debt.
Discussing what today's weak jobs data says about the U.S. economy, with Monica Mehta, Seventh Capital; Phil Blancato, Ladenburg Thalmann Asset Management; John Rutledge, SAFANAD; and CNBC's Rick Santelli.
CNBC's Steve Liesman reports on comments from the new Cleveland Fed President Loretta Mester.
CNBC's Steve Liesman reports the headlines out of the Federal Reserve's Beige Book.
Savanth Sebastian, Equities Economist at CommSec, highlights the weak contributors in Australia's second-quarter growth report.
Simon Grose-Hodge, Head of Investment Advisory, South Asia at LGT Bank, says the domestic economy is still failing to make up for the slack in mining.
David Bassanese, Chief Economist at BetaShares, says the better-than-expected growth data will likely be short-lived due to softening exports.
Australia's economy slowed in the second quarter as exports stayed sluggish and consumers curbed spending but the pace of growth still beat expectations, data showed on Wednesday.
CNBC's Steve Liesman discusses expectations for Friday's jobs data and how it may impact the Fed's timetable for raising interest rates.
Discussing government contributions to GDP, which are slightly higher, with Jim Pethokoukis, American Enterprise Institute.
Western critics say China is experiencing a hard landing, but that's not quite true, says Dan Steinbock.
CNBC's Steve Liesman looks at how today's GDP report changed the forecast for the third quarter.
To be sure, it's been a long slog back from the Great Recession, and the recovery isn't about to break any historical records.
CNBC's Steve Liesman discusses revised Q2 GDP of 4.2 percent, and what weekly jobless claims of 298,000 says about the economic recovery. He says weather does not explain what happened in the first quarter.
U.S. jobless claims slid below the critical 300,000 level, and the economy grew at a quicker pace than estimated last quarter.
CNBC's Rick Santelli reports revised Q2 GDP resulted in 4.2 percent, and weekly jobless claims came in at 298,000.
Do consumers care about GDP data? Drew Matus, UBS deputy chief U.S. economist, and CNBC's Steve Liesman, share their opinions.
Kobsak Pootrakool, Executive Vice President at Bangkok Bank, explains why he is confident that Thailand can see better economic growth by year-end.