US economy grew slower than expected in fourth quarter
The U.S. economy grew at a rate of 1.4% in the fourth quarter of 2025, according to an estimate released on Friday by the Bureau of Economic Analysis.
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Fed's favored inflation gauge showed consumer price growth remained elevated in December
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.
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Supreme Court rules on Trump tariffs in major test of executive power
The Supreme Court ruled Friday on two cases challenging President Donald Trump's tariffs under the International Emergency Economic Powers Act.
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