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The Treasury secretary told CNBC that U.S. economic output could reach a level beginning with 3 this year. The comment came during a discussion of current growth prospects.
investopedia.comThe remark was made in an interview broadcast on CNBC.
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Officials have pointed to recent data showing continued expansion in consumer spending and business investment. The secretary did not provide a specific quarterly breakdown or name particular sectors driving the forecast.
The comment follows earlier administration statements that emphasized domestic manufacturing and energy production as contributors to output. No numerical targets beyond the broad 3-percent threshold were released in the interview. Market participants will watch upcoming data releases for confirmation of the pace described by the secretary.
These outlets didn't split into competing frames — coverage was uniform.
ibtimes.co.ukLineShine in Shenzhen has taken the top global ranking. It is the first Chinese machine to lead since 2017 and uses standard microprocessors.
abcnews.go.comGen. Chris Donahue submitted his resignation on Tuesday from his post as commanding general of U.S. Army Europe and Africa. The retirement takes effect in July after he led the final U.S. departure from Afghanistan in 2021.
upi.comS&P Global said Alphabet will join the 30-stock index ahead of Monday's trading, replacing Verizon. The California-based company will join Nvidia, Amazon, Apple and Microsoft. Honeywell will remain under a new name after its aerospace spin-off.