US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending

Published on November 27, 2024

The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.

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Food, Front and Center

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Not everyone is ready to give thanks for moderating food prices.

In Hot Credit Market, Simple Fixed-Maturity Funds Are Booming

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Credit investors squeezed by the tightest spreads in almost 20 years are opting for bare-bones strategies, creating a boom for Europe’s fixed-maturity funds.