/tags/gdp GDP en-US Copyright Thu, 30 Jul 2020 09:00:00 GMT /news-partners/2020-07-30/3-months-of-hell-u-s-economy-drops-32-9-in-worst-gdp-report-ever The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday. Thu, 30 Jul 2020 09:00:00 GMT /news-partners/2020-07-30/3-months-of-hell-u-s-economy-drops-32-9-in-worst-gdp-report-ever Scott Horsley /news-partners/2020-01-30/u-s-economic-growth-slowed-in-2019-to-2-3 The Commerce Department says the U.S. economy grew 2.3% last year. That's slower than the previous year and well below the Trump administration's forecast. Thu, 30 Jan 2020 14:07:00 GMT /news-partners/2020-01-30/u-s-economic-growth-slowed-in-2019-to-2-3 Scott Horsley /news-partners/2018-07-27/u-s-economy-surges-to-a-4-1-percent-growth-pace-in-2nd-quarter A key measure of the economy's health showed a dramatic pickup, which President Trump called "amazing." But some analysts doubt the higher growth rate will last. Fri, 27 Jul 2018 09:01:00 GMT /news-partners/2018-07-27/u-s-economy-surges-to-a-4-1-percent-growth-pace-in-2nd-quarter Chris Arnold, Avie Schneider /breaking-news/2016-12-14/federal-reserve-raises-key-interest-rate-in-first-move-since-2015 The vote to nudge benchmark interest rates higher was unanimous, the central bank says. The rate moves from the current 0.25-0.50 percent to a range of 0.50 and 0.75 percent. Wed, 14 Dec 2016 16:08:00 GMT /breaking-news/2016-12-14/federal-reserve-raises-key-interest-rate-in-first-move-since-2015 Bill Chappell