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U.S. economic growth revised up to solid 3 percent annual rate for second quarter of 2024

By Paul Wiseman, Associated Press

The U.S. economy grew last quarter at a healthy 3 percent annual pace, fueled by strong consumer spending and business investment, the Department of Commerce said Thursday in an upgrade of its initial assessment.

Canada imposes 100 percent tariff on Chinese-made electric vehicles, matching the U.S. measure against imports

By Rob Gillies, Associated Press

The announcement comes after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau on Sunday.

What to know about the effort by federal regulators to block a Kroger and Albertsons merger

By Dee-Ann Durbin, Associated Press

Supermarket chains Kroger and Albertsons say their planned merger will help them compete against rivals like Costco, while antitrust regulators from the Federal Trade Commission say the merger would eliminate competition and raise grocery prices at a time of high food price inflation.

Most Federal Reserve officials favor rate cut in September if inflation cools, minutes reveal

By Christopher Rugaber, Associated Press

The minutes of the Fed's July 30-31 meeting indicate that the "vast majority" of policymakers "observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting."…

U.S. economy added 818,000 fewer jobs than first reported, sign job market has been slowing

By Associated Press

The Labor Department estimated that job growth averaged 174,000 a month in the year that ended in March — a drop of 68,000 a month from the 242,000 that were initially reported. The revisions released Wednesday were preliminary, with final…

How fast and how far could the Fed cut rates? Powell may give hint during Friday speech

By Christopher Rugaber, Associated Press

A lower Fed benchmark rate would eventually lead to lower rates for auto loans, mortgages and other forms of consumer borrowing.

WATCH: Union leaders speak at 2024 Democratic National Convention

By Associated Press

Liz Shuler, head of the AFL-CIO, said that Trump’s plans were “a CEO’s dream, but a worker’s nightmare.”…

U.S. consumer sentiment rises this month amid optimism over Harris’ presidential bid

By Paul Wiseman, Associated Press

Americans’ expectations for the future rose, while their assessment of current economic conditions sank slightly. Democrats’ sentiment rose, and Republicans’ fell.

Harris has proposed a slew of economic policies. Here’s a look at what’s in them

By Will Weissert, Associated Press

Among other proposals, Harris wants to increase homebuilding and affordable housing stock, provide more tax incentives for first-time homebuyers, and cancel accumulated medical debt for millions of Americans.

WATCH: Harris debuts economic proposals to lower costs for Americans

By Matt Brown, Makiya Seminera, Associated Press

Vice President Kamala Harris will be in the battleground state of North Carolina on Friday to lay out her plans, including a proposal for a federal ban on price gouging on groceries.