The U.S. economy was still chugging along as it rounded out 2022, despite rising interest rates and widespread fears of a recession.
The country's gross domestic product (GDP) was up 2.9 percent in the fourth quarter, according to an estimate from the Commerce Department, even as some sectors slowed.
The department said the overall growth reflected higher levels of consumer spending, private inventory investment, and government spending, as well as a drop off in imports.
Manufacturers and utilities led the rise in private inventory investment, with petroleum, coal products, and chemicals seeing the biggest gains.
As for consumer spending, both services and goods fueled the uptick. Health care, housing and utilities topped services, while motor vehicles and parts topped goods.
The data marks a deceleration in real GDP from the 3.2 percent growth in the third quarter, in large part due to falling exports and a drop in nonresidential fixed investment. Specifically, the housing sector has screeched to a halt in response to higher mortgage rates.
They've been charged with the abuse of approxmately 190 sets of decaying remains at one of their facilities, including some that apparently had been languishing there for four years.
In in exchange for the release of about a dozen hostages held by Hamas, Israel would allow I more aid, including limited amounts of fuel, to enter the besieged territory.
Police say officers confronted the 21-year-old Atlanta man on Tuesday and used a Taser stun gun after he refused to drop the weapon. Authorities say they don't believe there's an ongoing threat.
Over 70% of Gaza’s population of 2.3 million have already fled their homes, but the growing numbers making their way south point to an increasingly desperate situation in and around Gaza’s largest city, which has come under heavy Israeli bombardment in recent days.
The CDC released a report with troubling statistics about the number of reported syphilis cases in newborns, with cases rising 10-fold in the last decade and nearly 32% in just one year.
A Colorado jury found Nathan Woodyard, the last police officer to face charges in connection to the 2019 death of Elijah McClain, not guilty of manslaughter.
