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Fox figures repeatedly claimed the economy would grow at a 5% pace thanks to Trump. It actually grew just 2% in the first quarter of 2026.
10+ hour, 39+ min ago (156+ words) Fox has spent most of Trump's second term promising viewers that economic revival is just around the corner Written by Zachary Pleat Fox figures set'similar expectations for the fourth quarter of 2025, predicting anywhere from 3% to 5% growth; instead, the advance estimate…...
Economics and Statistics
12+ hour, 13+ min ago (96+ words) The Bureau of Economic Analysis has released advanced estimates of Q1 US Real Gross Domestic Product (GDP). US real GDP growth was estimated at 2. 0% (seasonally adjusted annualized rate) for Q1 2026." Current-dollar GDP growth was up to 5. 6% (annualized rate) in the first estimates…...
Average US long-term mortgage rate rises to 6. 3%, ending a 3-week slide
14+ hour, 43+ min ago (605+ words) The average long-term U. S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season. The benchmark 30-year fixed rate mortgage rate rose to 6. 3% from 6. 23% last week, mortgage buyer Freddie Mac said…...
US First-Quarter GDP Rebounds to 2. 0%, Inflation Concerns Linger
16+ hour, 47+ min ago (167+ words) The US economy posted solid growth despite the war with Iran. Still, a prolonged conflict could keep price pressures elevated. The Commerce Department said on April 30 that its advance estimate showed first-quarter gross domestic product increased at an annualized 2. 0%. That…...
Trump Says He Doesn't Care If Powell Stays on Fed Board
11+ hour, 51+ min ago (102+ words) Yahoo Finance Oops, something went wrong U. S. markets open in 5h 48m Trump Says He Doesn't Care If Powell Stays on Fed Board "I don't care. If he stays on he stays on," President Donald Trump says when asked about his thoughts on…...
Unorthodox leadership change at the Fed: Warsh on deck while Powell remains
11+ hour, 37+ min ago (977+ words) Partly sunny, breezy, and somewhat cool for this time of the year. Perhaps a spotty shower late, mainly north and west of the Lehigh Valley. . A shower or two around the area in the evening; otherwise, mostly cloudy overnight. headline:…...
As Powell Takes His Final Bow, Inflation Is Ready for Main Stage
14+ hour, 51+ min ago (536+ words) While the Fed ponders its next move, charts show inflation ready to climb. You've read 0 of 1 free Pro articles. On Wednesday, Jerome Powell said goodbye. Powell's term as Federal Reserve Chair is coming to an end, and Wednesday's Federal Open…...
Powell to remain on Fed board, cites legal actions by Trump administration
1+ day, 6+ hour ago (1166+ words) Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve following the Federal Open Market Committee meeting in Washington. (Source: Associated Press) Jerome Powell said he plans to remain on the board of the Federal Reserve…...
What's happening with house prices in Greensboro in 2026?
17+ hour ago (208+ words) WSOC TV What's happening with house prices in Greensboro in 2026? Home prices across the U. S. have remained at record highs for years, driven by a limited supply and a persistent homebuilding shortage. More recently, economic uncertainty has kept more homebuyers on…...
Core inflation rate hit 3. 2% in March, as expected; GDP grew 2% in first quarter
15+ hour ago (30+ words) CNBC Core inflation rate hit 3. 2% in March, as expected; GDP grew 2% in first quarter...