US economy grew just 0.7% last quarter
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US economy expanded at sluggish 0.7% in fourth quarter, government says, downgrading first estimate
The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate.
Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.
Gen Z's digital fluency and access to groundbreaking technology have empowered them to pursue entrepreneurial ventures with ease and confidence.
US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending.
The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic.
In 2021, Rick Plympton and Mike Mandina reflected on the company they had built over the past 30 years. Since founding Optimax, the entrepreneurs had achieved tremendous success. Companies around the globe were using their high-end optical lenses, and ...