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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

Commerce Department Consumer Behavior Coronavirus (2019-nCoV) Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy

U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.

By Ben Casselman

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Commerce Department Consumer Behavior Coronavirus (2019-nCoV) Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Forecaste

By Ben Casselman

Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar

Batteries Customs (Tariff) Electric and Hybrid Vehicles European Union Factories and Manufacturing Global Warming Greenhouse Gas Emissions International Trade and World Market Law and Legislation Tax Credits, Deductions and Exemptions United States United States International Relations United States Politics and Government World Trade Organization

Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar

Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.

By Ana Swanson

At Davos, European Distress Over a ‘Made in America’ Law

Breakthrough Energy Coalition Europe European Union Foreign Investments Inflation Reduction Act of 2022 International Trade and World Market Tax Credits, Deductions and Exemptions World Economic Forum

At Davos, European Distress Over a ‘Made in America’ Law

The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to stimulate green investment.

By Eshe Nelson