US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist

The US economy grew at a faster-than-expected annual rate of 4.3% in the July–September quarter, driven by stronger consumer spending, exports and government outlays, even as inflation remained above the Federal Reserve’s comfort level, according to official data released on Tuesday, AP reported.Gross domestic product (GDP), which measures the total value of goods and services…

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Wall Street analysts slash Coinbase (COIN) price targets after Q4 miss — but shares still rally

Shares of Coinbase (COIN) jumped 12% Friday despite the crypto exchange missing fourth-quarter earnings expectations, as analysts reacted to the report with a mix of caution on short-term pressures and optimism about the company’s evolving business model. The company posted net revenue of $1.71 billion, below Wall Street estimates of $1.81 billion, while its core…

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