WASHINGTON—The U.S. economy grew at a solid 6.4 percent rate in the first three months of this year. The Commerce Department said Thursday that growth in the gross domestic product, the country’s total output of goods and services, was unchanged from two previous estimates. It came after growth at a rate of 4.3 percent in…
Warren Buffett Resigns From Gates Foundation
NEW YORK—Warren Buffett resigned Wednesday as trustee of the Bill and Melinda Gates Foundation, which says it will announce plans in July to answer questions raised about its leadership structure as it deals with the divorce of its two founders. The announcement from Buffett comes weeks after Bill and Melinda Gates revealed that they were…
US Economy to Grow Twice as Fast as Earlier Predicted: OECD
America’s economy will grow twice as fast compared to earlier forecasts, a new report predicts, resting its optimistic outlook on the huge dose of fiscal stimulus and accelerating vaccine rollout. “The significant fiscal stimulus in the United States, along with faster vaccination, could boost U.S. GDP growth by over three percentage points this year, with…
US Economy Set to Grow Twice as Fast as Earlier Predicted: OECD
The United States’ economy is expected to grow twice as fast as earlier forecasts predicted, according to a new report, which rests its optimistic outlook on the huge dose of fiscal stimulus and accelerating vaccine rollout. “The significant fiscal stimulus in the United States, along with faster vaccination, could boost U.S. GDP growth by over…
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