Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
Source
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
World
Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Magnum Ice Cream Company, now the world’s largest standalone ice cream business, debuted on the Amsterdam stock exchange on Monday. The stock opened at 12.20 euros, slightly below its […]
Read More
World
Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things […]
Read More
World
European markets set for lackluster start to the new trading week as markets await Fed decision
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate cut announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 29, 2025. Brendan McDermid | Reuters LONDON — European stocks are expected to start the week […]
Read More