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China’s Q1 GDP growth surpassed expectations, data shows

Check out what’s being clicked on FoxBusiness.com Data on Tuesday showed China’s economy grew faster than expected in the first quarter, giving officials some relief as they work to maintain growth. The government has announced fiscal and monetary policy measures to achieve the target of approximately 5% GDP growth in 2024. Analysts called this an […]

March retail sales blew past expectations 

Retail sales in March exceeded expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates are Ministry of Commerce Retail sales were shown to have increased by 0.7% in March, more than double the previous year. consensus estimation Increased by 0.3% from last month. Retail sales in March exceeded expectations […]

How immigration is helping the economy defy expectations

Policymakers are increasingly citing the influx of immigrants and the strengthening of the U.S. workforce as key reasons for the economy’s strong performance in 2023. The U.S. economy defied expectations last year by avoiding a widely expected recession, with real gross domestic product (GDP) growing 2.5%, unemployment remaining below 4%, and stock markets and corporate […]

Saudi ‘Mega-City’ Neom Lowers Expectations for 106-Mile Desert Skyscraper

Reports have begun to emerge suggesting that Saudi Arabia is recalibrating its ambitious goals for the “megacity” Neom it is building, most notably 150 people in one giant skyscraper, dubbed “The Line.” This means that they are withdrawing their promise to provide housing for all people. Neom is Crown Prince Mohammed bin Salman’s personal project […]

US adds 303K jobs in March, again beating expectations

The U.S. economy added 303,000 jobs in March and the unemployment rate fell slightly to 3.8%, according to new Labor Department figures released Friday. March employment data again exceeded expectations. Economists had predicted that economic growth would add 200,000 jobs and reduce the unemployment rate to 3.8%. The latest figures come after months of strong […]

Trump social media company defies expectations in stock market debut

The parent company of former President Trump’s platform Truth Social has missed expectations in its first week on the stock market. Trump Media & Technology Group stock closed at about $62 per share Thursday after a tumultuous week of trading. Shares of Digital World Acquisition Corporation (DWAC), the “blank check” company that Trump Media merged […]

Mets have winning expectations after 2023 disappointment

The Mets wore hoodies and long sleeves on the field on a chilly, cloudy Wednesday afternoon, unable to contain the Florida weather and bring it north. But Carlos Mendoza’s group was filled with the same optimism that permeated the Port St. Lucie clubhouse. The team, which enters this season with far fewer star players and […]

H&M shares jump 14% as profit smashes expectations – CNBC

Hong Kong, China – 2021/08/07: A pedestrian crosses the street in front of the Hong Kong store of H&M, the Swedish multinational clothing design retailer Hennes & Mauritz. (Photo credit: Budrul Chukrut/SOPA Images/LightRocket, Getty Images) Sopa Images | Light Rocket | Getty Images H&M shares soared 14% in early trading Wednesday after the Swedish retailer […]

Jobless Claims Crawl Along at 210,000, Defying Expectations for a Softer Labor Market

Thursday’s weekly report on jobless claims showed that employers’ appetite for workers remains undiminished. The number of people applying for unemployment benefits last week fell to 210,000, slightly lower than the previous week’s 212,000. By historical standards, this is a very low-level claim. The number of new unemployment insurance claims since the beginning of the […]

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