CNBC's Steve Liesman reports where third quarter GDP forecasts stand.» Read More
OTTAWA, Sept 30- Economic growth in Canada stalled unexpectedly in July, breaking a six-month streak of gains and ensuring the Bank of Canada will be in no rush to raise interest rates. Statistics Canada said on Tuesday that real gross domestic product in July was unchanged from June.
OTTAWA, Sept 30- Canada's economy did not expand in July, breaking a six-month streak of consecutive gains, Statistics Canada data indicated on Tuesday, ensuring the third quarter started sluggishly. Statscan said real gross domestic product was unchanged from June. The data will put little pressure on the Bank of Canada to raise interest rates.
REUTERS POLL- RUSSIA 2014 GDP GROWTH SEEN AT 0.0 PCT.
A “poisonous combination” of low economic growth and high debt could catapult the world into its next crisis, led by China.
Chicago Fed President Charles Evans, shares his view of economic improvement, and when he thinks interest rates should begin to rise.
CNBC's Steve Liesman speaks to Wells Fargo's chief economist and incoming NABE President John Silvia, about his view of economic growth.
James Bevan, CIO at CCLA Investment Management, discusses whether the protests in China could impact domestic markets and comments on the government's agenda.
*Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.
Discussing GDP data that says the U.S. economy expanded by 4.6 percent in Q2, and where Q3 forecasts are tracking, with Christopher Thornberg, Beacon Economics principal; Christopher Low, FTN Financial chief economist; and CNBC's Steve Liesman.
NEW YORK, Sept 26- World equity markets climbed on Friday as data showed the U.S. economy grew at its fastest pace in more than two years in the second quarter, while U.S. bond prices dipped after news high-profile investor Bill Gross is leaving Pimco for a rival firm.
NEW YORK, Sept 26- The dollar rose on Friday and was tracking toward an 11th straight week of gains against a basket of currencies, which would extend the longest winning streak for the greenback since its 1971 free float under President Richard Nixon.
NEW YORK, Sept 26- U.S. stocks rose modestly at the open on Friday after major indexes suffered their biggest drop since July, as data showed the economy grew at its fastest pace in more than two years.
NEW YORK, Sept 26- U.S. stock index futures were pointing towards a flat open on Friday after major indexes suffered their biggest drop since July, and data showed the economy grew at its fastest pace in more than two years.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate.
WASHINGTON— The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year. The economy as measured by gross domestic product grew at a 4.6 percent annual rate in the April-June quarter, the Commerce Department said Friday.
The U.S. economy grew at a brisk pace in the second quarter, expanding at an annualized 4.6 percent rate and the fastest since 2011.
WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter and activity was broad-based, in a bullish signal for the remainder of the year. The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate.
CNBC's Rick Santelli breaks down the data on the U.S. economy. And CNBC's Steve Liesman provides insight.
NEW YORK, Sept 26- U.S. stock index futures were inching higher on Friday after major indexes suffered their biggest drop since July, ahead of data on economic growth and consumer optimism. *Later in the session at 9:55 a.m., investors will eye the Thomson Reuters/ University of Michigan's final September reading on consumer sentiment.
WASHINGTON— The government issues its third and final estimate of how fast the U.S. economy grew in the April-June quarter. The report will come out at 8:30 a.m. EDT Friday. SIZZLING GROWTH: The expectation is that the economy, as measured by the gross domestic product, expanded at an annual rate of 4.6 percent in the second quarter.