The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth in the quarter. The Bureau of Economic Analysis was scheduled to release its advance estimate of third-quarter GDP on Thursday, though the furlough of workers deemed nonessential prevented the agency from compiling and releasing the report.The Labor Department's statistical agency, the Bureau of Labor Statisti ...

Gross domestic product rose 1.2% in the July-September period from the previous quarter, driven by government stimulus and exports' resilience despite tariff headwinds. ...

All right. Uh let's uh let's move on to the broader markets. The S&P 500 is pacing for what would be at least if it maintained what it's doing right now, a third straight day of declining.Still, although we're very close to record levels, joining us with his outlook is Michael Caneritz. He's Piper Sandler's chief investment strategist. Nice to have you here, Michael.Thanks. Uh you write um that you expect improving EPS breath to take over after three years of PE expansion. Can you explain what that means an ...

U.S. President Donald Trump speaks in front of posters depicting household income data in the Oval Office on August 07, 2025. (Photo by Win McNamee/Getty Images)Getty ImagesThere’s another scandal involving a critical government statistic on the economy.Everyone is focused on the appalling state of how the federal government calculates job creation. The Bureau of Labor Statistics (BLS) just released drastic revisions to the number of jobs created for the 12-month period ending in March of this year. Job gro ...