The numbers: The U.S. expanded at an annual 3.2% annual rate in the third quarter, a more robust pace of growth than previously reported, new government figures show. The increase Read more
Tag: revised
Earnings expectations for 2023 likely to be revised lower, Goldman warns
The second-quarter earnings season started in earnest on Thursday with disappointing reports from JPMorgan Chase & Co. and Morgan Stanley. On top of missing profit expectations, JPM also announced a Read more
Most Treasury yields decline as first-quarter GDP is revised lower and recession worries continue
Most Treasury yields eased Wednesday morning as data showed U.S. economic growth unexpectedly contracted by a revised 1.6% annual pace, which was deeper than initially reported. What’s happening? The yield Read more