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US economic growth in the third quarter came in at 4.3% on an annualized basis, easily topping expectations, according to Commerce Department data released Tuesday, December 23.
The report, which also showed an acceleration in inflation, provides reassurance about the world’s largest economy after other recent data showing a weakening labor market. It comes as worries have moderated over President Donald Trump’s tariffs and as large tech companies advance massive investments to build new artificial intelligence infrastructure.
The…
