Economy, Stocks

“S&P 500 and Nasdaq close at record highs after strong GDP report”

“The S&P 500 climbed 0.5% to 2,939.88, an all-time closing high. The tech-heavy Nasdaq ended the day up 0.3% at 8,146.40. The Dow Jones Industrial Average rose 81.25 points to 26,543.33 and closed 1.5% below its all-time high. First-quarter gross… Continue Reading…

Economy

“US economy grows by 3.2% in the first quarter, topping expectations”

“First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said Friday in its initial read of the economy for that period. Economists polled by Dow Jones expected growth of 2.5%. It was the first time since 2015… Continue Reading…

Uncategorized

“Los Angeles Is Having a Loud Economic Boom”

“L.A.’s gross domestic product per capita surged 11.8 percent the past five years, dwarfing Chicago’s 7.4 percent, almost three times New York’s 4.1 percent and twice the average for 383 U.S. metropolitan areas, Bloomberg data show. Some of the gain… Continue Reading…