Business news

• Canada's grocery code of conduct kicks in today, with buy-in from 5 major grocers

  01-01-2026 10:00 via cbc.ca
  The voluntary grocery code of conduct for grocers, suppliers, wholesalers and primary producers in Canada is set to fully roll out on Thursday.
  
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• Craig's Cookies workers vote to unionize at 5 Toronto stores as franchise expands nationally

  31-12-2025 21:37 via cbc.ca
  Nearly 90 employees of Craig’s Cookies have voted to unionize across five shops in Toronto as the Canadian cookie chain expands nationally. 
  
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• How a good old fashioned boycott got Canada to trade Kentucky bourbon for Canadian whisky

  31-12-2025 10:00 via cbc.ca
  The aromatic, spicy and sometimes smoky flavour of a smooth, Kentucky bourbon has been but a memory for consumers in this country ever since the spirit was caught in the crossfire of U.S. President Donald Trump's tariff war and annexation sabre-rattling. As a result, angry Canadians have united behind a 'Buy Canadian' movement that experts say is elevating our own whiskies.
  
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• Boeing secures $8.6B contract to build fighter jets for Israel's Air Force

  31-12-2025 04:24 via foxbusiness.com
  
  Boeing was awarded a nearly $8.6 billion contract to build 25 new F-15A aircraft for the Israeli Air Force, according to the Pentagon.The contract was secured as part of the F-15 Israel program.Under the deal, Boeing will produce 25 new F-15IA aircraft for Israel, as well as an option for an additional 25 aircraft.SOUTHWEST OFFERING $67 FLIGHTS IN NOD TO VIRAL INTERNET MEME: 'TRENDY' SALE"This contract provides for the design, integration, instrumentation, test, production, and delivery of 25 ne
  
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• Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show

  31-12-2025 00:40 via foxbusiness.com
  
  Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the U.S. economy faces a challenging combination of risks, according to the minutes from their latest policy meeting.The Fed cut rates by 25 basis points for the third straight time at their December meeting, lowering the benchmark federal funds rate to a range of 3.5% to 3.75%. The decision occurred against the backdrop of a slowing labor market with inflation elevated a
  
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• Steak ’n Shake touts $2.50 ‘Patriot Milkshake’ to honor America's semiquincentennial

  31-12-2025 00:11 via foxbusiness.com
  
  Steak ’n Shake is offering a $2.50 "Patriot Milkshake" throughout January, promoting the discount as an early nod to America’s 250th anniversary, according to a post from the company’s X account."Steak n Shake is getting a head start on America's 250th anniversary of its founding," Steak ‘n Shake wrote on X.The promotion comes as fast food chains take sharply different approaches to pricing and cost pressures, with some leaning into discounts while others cut locations or
  
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• Meta just acquired a Chinese-founded AI startup for $2B. Here's why that matters

  30-12-2025 21:36 via cbc.ca
  A darling of the artificial intelligence startup scene was just acquired by Meta — capping off a year of intense competition between U.S. tech giants vying for dominance of the world's most coveted technology.
  
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• Elon Musk calls himself a 'maker,' slamming politicians like Bernie Sanders: 'They take'

  30-12-2025 21:32 via foxbusiness.com
  
  Billionaire business tycoon Elon Musk described himself as a "maker" in a Tuesday post on X, while reasserting his claim that Sen. Bernie Sanders, I-Vt., is a taker."My Tesla and SpaceX shares, which are almost all my ‘wealth’, only go up in value as a function of how much useful product those companies produce and service," Musk wrote."This means my ‘wealth’ can only increase due to producing more products and services for the public. Moreover, anyone else who is a share
  
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• IRS hands workers bigger tax break for business expenses in 2026

  30-12-2025 20:09 via foxbusiness.com
  
  People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for business driving will increase by 2.5 cents per mile. Additionally, vehicles used for medical purposes will decrease by half a cent, which the agency said reflects "updated cost data and annual inflation adjustments." The standard mileage rate is an IRS-set figure, which is expressed in ce
  
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• Trump calls Fed chair Powell a 'fool,' threatens lawsuit over headquarters renovation

  30-12-2025 18:03 via foxbusiness.com
  
  President Donald Trump on Monday launched a renewed attack on Federal Reserve Chair Jerome Powell, accusing Powell of "gross incompetence" and threatening to sue him over the costly renovation of the central bank's headquarters.Trump spoke at a Mar-a-Lago press conference alongside Israeli Prime Minister Benjamin Netanyahu and slammed Fed Chair Powell as a "fool." Powell, who was appointed as Fed chair by Trump in 2017 and was reappointed by then-President Joe Biden in 2021, will see h
  
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• US fusion strategy stuck in past as China moves ahead, CEO warns

  30-12-2025 17:46 via foxbusiness.com
  
  During the Cold War, the U.S. and the Soviet Union competed across nearly every arena, including space. The rivalry shifted dramatically on Oct. 4, 1957, when the U.S.S.R. launched Sputnik, the world’s first artificial satellite, officially ushering in the Space Age. Nearly 70 years later, the U.S. is facing a new technological race over fusion energy, and one CEO is warning Washington could be headed for another "Sputnik moment" as China accelerates."Fusion is at an inflection point,
  
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• Luxury retail giant Saks weighs bankruptcy filing, report

  30-12-2025 17:19 via foxbusiness.com
  
  Saks could be the next department store to seek relief in bankruptcy court amid growing liquidity challenges.Saks Global Enterprises, the parent corporation of Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus, and Bergdorf Goodman, is weighing a Chapter 11 bankruptcy filing as they contend with mounting debt, people familiar with the matter told Bloomberg. This decision comes as the retailer is facing a more than $100 million debt payment due at the end of December, the people said. The compa
  
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• Renting vs buying: What's the better option in the current economy?

  30-12-2025 17:00 via foxbusiness.com
  
  Renting still offers significant monthly savings over buying in most of the country, but an economist says the long-standing affordability gap is gradually starting to close.Realtor.com senior economist Joel Berner told FOX Business that renting is still significantly more affordable than buying a starter home in 49 of the 50 largest metros across the U.S., with Pittsburgh being the lone exception. This hasn't changed since Realtor.com issued its June 2025 report, which noted that renting saves
  
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• Workers in 19 states get pay boost as minimum wages jump nationwide on New Year's Day

  30-12-2025 14:30 via foxbusiness.com
  
  American workers at the bottom end of the pay scale are set to see the minimum wage rise in 19 states effective on New Year's Day, while three other states are also planning minimum wage increases later in 2026.While 20 states opt to leave their minimum wage at the federal minimum of $7.25 an hour, the majority of states have set higher minimums which may be periodically adjusted to account for inflation or to account for a change in state labor compensation laws.The minimum wage helps
  
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• Warren Buffett pens last letter as Abel prepares to take over

  30-12-2025 14:00 via foxbusiness.com
  
  Legendary investor Warren Buffett will officially step down on December 31, 2025, ending his storied career that spanned over 60 years. He published a letter to shareholders in November letting them know he will be handing off the duties of writing Berkshire Hathaway's annual report and speaking at shareholder meetings to his successor, Greg Abel.Buffett, the 95-year-old chairman and CEO of Berkshire Hathaway, wrote that, "I will no longer be writing Berkshire's annual report or t
  
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• Outback Steakhouse sued after man suffers 'serious bodily injury' from toilet shattering under him

  30-12-2025 11:32 via foxbusiness.com
  
  A Florida man filed a lawsuit against Outback Steakhouse alleging that he was on a handicapped toilet when the seat "suddenly shattered and collapsed" while he was doing his business, resulting in injury.Michael Green said he suffered "severe bodily injury" during the incident at an Outback Steakhouse location along Southwest College Road in Ocala, according to the lawsuit.The injuries include "significant and permanent loss of an important bodily function" and "loss of capacity for the enjoymen
  
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• Ground beef recalled in 6 states over possible E. coli contamination

  30-12-2025 03:20 via foxbusiness.com
  
  Grass-fed ground beef that was distributed to six states has been recalled over possible E. coli contamination, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service.The recall by Mountain West Food Group, LLC, based in Idaho, affects more than 2,800 pounds of raw 90/10 ground beef that may be contaminated with E. coli O26, the department announced on Saturday.The "Forward Farms Grass-Fed Ground Beef" items packed in 16-ounce packages were produced on Dec. 16
  
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• Duty free shops say they're still losing sales as cross-border travel plummets

  30-12-2025 01:04 via cbc.ca
  Owners of duty free shops in Windsor and Sarnia say they continue to suffer the fall-out from the U.S. trade war, seeing drops in business in the 30 per cent range year over year. 
  
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• Two airlines nearly collide taking off from Houston's Bush Intercontinental Airport

  29-12-2025 21:25 via foxbusiness.com
  
  Two jets narrowly avoided a collision while departing Houston’s Bush Intercontinental Airport earlier this month, prompting a federal investigation.A Volaris Airlines flight bound for El Salvador made an unauthorized right turn into the path of a United Express flight headed to Jackson, Mississippi, according to the Federal Aviation Administration (FAA). Air traffic control instructed Volaris Flight 4321 to turn left after departing Houston Intercontinental Airport on Dec. 18, but ins
  
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• This South Carolina community is becoming a housing hotspot

  29-12-2025 18:49 via foxbusiness.com
  
  U.S. homebuyers have been flocking to a fast-growing city situated within South Carolina's Blue Ridge Mountains, according to data from the Census Bureau.The population in Greenville, which has become a regional business and manufacturing hub, increased from about 70,720 at the 2020 Census to an estimated 74,371 in 2024, which is roughly a 4.1% rise in four years, according to Census Bureau estimates. This uptick comes despite the fact that there has been little movement in the housing mark
  
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• Musk sounds alarm on silver as China restricts exports needed for critical industrial processes

  29-12-2025 17:47 via foxbusiness.com
  
  Tesla CEO Elon Musk is raising the alarm over surging silver prices as China prepares to impose new export restrictions on the precious metal.Musk responded to a post on his X social media platform that noted China will begin requiring government licenses for companies to export silver from the country starting on January 1."This is not good. Silver is needed in many industrial processes," the Tesla CEO said.Silver prices have surged to record high prices this year after it was designated a
  
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• Lululemon founder launches a proxy fight to reshape apparel maker's board

  29-12-2025 15:28 via cbc.ca
  Lululemon Athletica's founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company's board, days after the Canadian apparel maker announced the exit of CEO Calvin McDonald.
  
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• US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs

  29-12-2025 14:00 via foxbusiness.com
  
  The U.S. economy's resilience in 2025 is expected to carry over when the calendar turns to 2026, with growth expected to accelerate as tax cuts and more favorable financial conditions take hold and headwinds from tariffs and inflation ease, according to Goldman Sachs.Goldman Sachs economists led by Jan Hatzius wrote in their 2026 outlook that this year's economic growth was tempered by the impact of larger than expected tariffs, which pushed the average effective tariff rate on goods imported to
  
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• Small business owners remain 'cautiously optimistic' heading into 2026 amid rising costs, labor challenges

  29-12-2025 05:15 via foxbusiness.com
  
  Many small business owners are betting on growth in the year ahead, even as inflation, labor shortages and economic uncertainty continue to pressure operations, a new survey finds.About 80% of small business owners say they are confident in their outlook, and about 79% expect revenue growth in 2026, according to Comerica Bank’s Small Business Pulse Index released Dec. 9.Those expecting growth project an average revenue increase of 7.9%."It is evident that challenges are still weighing heav
  
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• Tech billionaires threaten to flee California over proposed 5% wealth tax

  28-12-2025 21:24 via foxbusiness.com
  
  Silicon Valley’s wealthiest residents are once again threatening to leave California, this time over a proposed state wealth tax that tech founders warn could fundamentally reshape where innovation — and capital — call home.The proposal, backed by the Service Employees International Union–United Healthcare Workers West, would impose a one-time 5% tax on the assets of California residents worth more than $1 billion. Supporters say the revenue could help offset federal
  
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• Product recalls surge in 2025: Here are the top 10 products consumers were warned about

  28-12-2025 19:57 via foxbusiness.com
  
  Product recalls surged in 2025, reaching their highest level in at least a decade as regulators warned consumers about defects in everything from water bottles to countertop ovens to sparkling wine.Here are the top 10 products recalled by the Consumer Product Safety Commission (CPSC) this year.About 850,000 water bottles were recalled after reports that the lid could violently eject, striking users in the face and, in some cases, causing permanent vision loss.The CPSC said the lid on Ozark Trail
  
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• Housing market expected to offer little relief for buyers in 2026 despite modest improvements ahead

  28-12-2025 19:00 via foxbusiness.com
  
  The U.S. housing market is moving in the right direction, but potential buyers aren't going to get too much relief in 2026, according to an industry expert.  Realtor.com senior economic research analyst Hannah Jones projected that inventory will continue to rise and mortgage rates will fall slightly to about 6.3%. While it's not a significant drop, it's still down from the average of 6.6% in 2025, highlighting how the market is getting "slightly more favorable for buyers." Jones quickl
  
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• California abandons legal battle to restore $4B in federal funding for long-delayed high-speed rail project

  28-12-2025 17:41 via foxbusiness.com
  
  California dropped its lawsuit against the Trump administration after it pulled roughly $4 billion in federal funding for the state’s high-speed rail project.Court records show that California Attorney General Rob Bonta’s office filed a notice on Dec. 23 voluntarily dismissing the lawsuit without prejudice on behalf of the California High-Speed Rail Authority (CHSRA), which had been seeking to have the federal funding reinstated."This action reflects the State’s assessment that
  
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• Stock up now on these items before prices jump in early 2026, Wells Fargo says

  27-12-2025 19:00 via foxbusiness.com
  
  Consumers should be stocking up on essentials, particularly in the home goods category, as those items are expected to see "noticeable" price increases in early 2026, according to Wells Fargo.Retailers "have largely tried to either hold or modestly increase prices this holiday season across categories, with many offering targeted promotions and even deeper discounts on select items," according to Lauren Murphy, managing director of Wells Fargo Retail Finance.In early 2025, many retailers "strate
  
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• Americans will get 'gigantic' tax refund next year, Treasury Secretary says

  27-12-2025 18:46 via foxbusiness.com
  
  Treasury Secretary Scott Bessent predicted that Americans will see "gigantic" refund checks in the upcoming filing season thanks to tax cuts in President Donald Trump's One Big Beautiful Bill Act (OBBBA).Bessent, who also serves as the acting commissioner of the IRS, made the remark during an appearance on the "All-In Podcast." The treasury secretary told the hosts that the tax provisions in the act, which Trump signed in July, applied retroactively to the beginning of the year, and because most
  
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• Christmas travelers left stranded as airports see mass flight cancelations, delays

  27-12-2025 14:38 via foxbusiness.com
  
  A winter storm on the East Coast has left post-Christmas travelers in a ho-ho-horrible position as airports see mass cancellations and delays.The website FlightAware showed that as of 7:50 a.m. ET on Saturday, 892 flights within, into or out of the U.S. were delayed and 637 were canceled. The website's "Misery Map" shows New York area airports, such as John F. Kennedy International Airport, LaGuardia Airport and Newark Liberty International Airport, experiencing the brunt of the travel chao
  
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• Major changes to Ontario law on job postings coming Jan. 1

  27-12-2025 10:00 via cbc.ca
  Ontario will introduce new rules on how publicly advertised job can be posted from Jan. 1. Here's what you need to know.
  
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• Holiday travelers face flight delays as FAA restricts airspace nationwide amid winter weather: report

  26-12-2025 22:17 via foxbusiness.com
  
  Travelers could face major delays as airports may be overwhelmed with millions of travelers during the holiday weekend. The Federal Aviation Administration (FAA) on Friday issued at least eight separate airspace flow restrictions, the Daily Mail reported.The series of airspace flow programs (AFPs) could affect major airports in the United States and Canada during one of the busiest travel days of the year. Some delays could reach more than six hours, the outlet said. CHRISTMA
  
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• Top 10 desirable metros where homes cost less than $300K

  26-12-2025 19:30 via foxbusiness.com
  
  Lower-budget homebuyers are increasingly gravitating toward markets where their dollars can stretch further.Several attractive metro areas still offer median home prices under $300,000 – well below the $425,000 national median. These areas provide more affordable paths to homeownership without sacrificing lifestyle or big-city conveniences, according to Realtor.com."In these markets, home prices are more closely aligned with local incomes, allowing the typical household to afford the typic
  
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• Starbucks CEO calls AI 'co-pilot,' not replacement for workers amid company turnaround efforts

  26-12-2025 17:55 via foxbusiness.com
  
  Starbucks has been experimenting with artificial intelligence as it seeks to turn around its business and gain an advantage in the competitive industry. But even as the coffee giant pushes forward with automation, its CEO, Brian Niccol, insists that it's designed as a support tool rather than a substitute for workers. "It’s more of a co-pilot than a replacement," Niccol told FOX Business during a September interview where he explained how human connection is a key in the brand's turna
  
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• ETF race hits $1T at record speed with more gains coming

  26-12-2025 17:00 via foxbusiness.com
  
  The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s "It Was a Very Good Year," as the industry hit $1.25 trillion annually in assets through November, faster than any other time in history."I think, largely speaking, you look across the different asset classes – stocks, bonds, commodities, gold, of course – it's been a very good year to own assets. Assets largely across the board have outperformed cash. So, it's just been a positive returning
  
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• Ford shatters decade-old recall record with 152 safety alerts issued this year alone across multiple models

  26-12-2025 00:07 via foxbusiness.com
  
  Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a decade-old industry record and underscoring ongoing quality issues affecting millions of vehicles across multiple model lines.According to data from the National Highway Traffic Safety Administration, Ford logged 152 recalls in 2025. The manufacturer with the second-most recalls was Honda, with 53, followed by Forest River with 32, General Motors with 27 and International Mo
  
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• $400k shipment of live lobsters hijacked en route to Midwest Costco locations

  25-12-2025 18:36 via foxbusiness.com
  
  A $400,000 shipment of lobsters headed for Costco locations in Illinois and Minnesota was hijacked before arriving at its delivery points.Dylan Rexing, CEO of Indiana-based logistics business Rexing Companies, said the shipment was picked up in Taunton, Mass., but never reached its destination, WFLD reported. Rexing told the outlet that the heist appeared to be part of an organized ring of cargo thieves targeting high-value products."This theft wasn’t random. It followed a pattern we&rsquo
  
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• Is now the right time to refinance a mortgage?

  25-12-2025 14:00 via foxbusiness.com
  
  Refinancing can seem tempting as interest rates ease. But it's a common misconception that lower rates automatically make refinancing cheaper, according to Realtor.com senior economist Jake Krimmel. Krimmel cautioned that for many homeowners, it may not make financial sense, particularly for those looking to move soon.Refinancing is considered a smart move if it passed a rule called the "breakeven point," which looks at whether upfront costs are outweighed by the savings from a lower rate.
  
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• $1.8B Powerball jackpot won on Christmas Eve in Arkansas

  25-12-2025 08:16 via foxbusiness.com
  
  A ticket in Arkansas matched the winning numbers drawn on Christmas Eve for Powerball's $1.817 billion jackpot.The grand prize has an estimated cash value of $834.9 million, the second-largest U.S. lottery jackpot ever won, according to the lottery.The largest lottery jackpot in U.S. history was won on Nov. 7, 2022, when a California ticket claimed a $2.04 billion prize.The white balls drawn Wednesday were 4, 25, 31, 52 and 59. The red Powerball was 19 and the Power Play was 2X.AMERICANS SURGE T
  
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• Jack in the Box shut down more than 70 stores with more expected by year's end over financial struggles

  25-12-2025 01:54 via foxbusiness.com
  
  Jack in the Box plans to close dozens of restaurants by the end of the year in an effort to cut costs and boost revenue.The franchise said earlier this year it would shutter between 150–200 underperforming stores by 2026, including 80–120 by the end of this year, under a block closure program.In May, Jack In The Box said it had closed 12 locations, which was followed by another 13 closures by August and 47 more reported in the company's November earnings, according to the Daily Mail.
  
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• Holiday barks sold at Aldi recalled over potential undeclared pecans, wheat: FDA

  24-12-2025 23:48 via foxbusiness.com
  
  A recall of 5-ounce holiday bark products sold at Aldi stores across the country has been expanded amid concerns the treats may contain undeclared allergens, including pecans and wheat, according to the Food and Drug Administration.Silvestri Sweets issued a voluntary recall of its Choceur-branded Cookie Butter Holiday Bark over potential undeclared pecans and its Choceur-branded Pecan, Cranberry & Cinnamon Holiday Bark because it may contain undeclared wheat.The FDA said people with allergie
  
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• Mortgage rates fall ahead of Christmas holiday

  24-12-2025 19:03 via foxbusiness.com
  
  Mortgage rates fell again this week, mortgage buyer Freddie Mac said Wednesday.Freddie Mac's latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.18% from last week's reading of 6.21%. The average rate on a 30-year loan was 6.85% a year ago.THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL"The modest decline reflects a bond market that moved throughout the week – albeit with
  
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• Why cheaper beef prices are still a long way off

  24-12-2025 17:15 via foxbusiness.com
  
  It's going to be a while before consumers see any relief when it comes to beef prices.Prices have hit their peak and are expected to soften, but there isn’t much pressure pushing them down right now, Wells Fargo Agri-Food Institute chief agricultural economist Michael Swanson told FOX Business.The U.S. should have a little more cattle available in 2026, but buyers are still turning to international suppliers to meet their needs, Swanson said. If buyers are still importing, it means domesti
  
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• This ain't your parents' Game Boy: New gaming handhelds are powerful, pricey — and far from pocket-sized

  24-12-2025 10:00 via cbc.ca
  This year marks the first time all three major gaming hardware companies — Nintendo, Sony and Microsoft — have handheld devices on the market. But they're all very different. Which one is right for you?
  
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• Conservative states see lower inflation than liberal ones nationwide, White House data shows

  23-12-2025 23:49 via foxbusiness.com
  
  FIRST ON FOX: An analysis from the White House Council of Economic Advisers finds inflation has been lower in conservative-led states than in liberal-led states over the past year, with the largest gaps in energy and transportation costs.Reviewed by FOX Business, the analysis draws on year-over-year consumer price index data from the Bureau of Labor Statistics through November 2025 and finds inflation averaging 2.5% in conservative-led states versus 3% in liberal-led states.Because there is no o
  
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• Paramount efforts to buy Warner Bros Discovery play out in background of latest CBS News drama

  23-12-2025 23:03 via foxbusiness.com
  
  Following CBS News’ delaying of a "60 Minutes" segment examining the Trump administration’s deportation of Venezuelan migrants to El Salvador’s CECOT prison, some media outlets have raised questions about whether the move was meant to curry favor with the administration amid an escalating battle for Warner Bros. Discovery.Paramount and its majority shareholders, the billionaire Ellison family, recently sweetened a bid for Warner Bros. Discovery to the tune of $108 billion. Cons
  
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• Logan Paul drops $5.3M on a Pokémon card, tells young investors to ditch the stock market

  23-12-2025 22:21 via foxbusiness.com
  
  YouTuber-turned-entrepreneur Logan Paul revealed he paid $5.3 million for a single Pokémon card and said young people shouldn’t feel locked into traditional investing paths like the stock market or homeownership."I paid $5.3 million for this card," Paul, referring to the PSA Grade 9 Pikachu Illustrator card, said Tuesday on "The Big Money Show."Paul said that when he bought the PSA Grade 9 Pikachu Illustrator card in 2022, it became the most expensive Pokémon card ever sold,
  
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• Where you can shop for your last-minute Christmas needs

  23-12-2025 18:50 via foxbusiness.com
  
  Whether it's a carton of milk or a gift for your cousin who has just decided to come home for Christmas, there are always last-minute items you need to make your holiday complete. Several U.S. stores are open or have modified hours on Christmas Eve and Christmas Day to ensure customers can get what they need for the holiday.Many companies specify that customers can place orders online, but it is unlikely that the stores that are closed on Christmas Day will be able to fulfill same-day orders.Ald
  
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• US economy grew much faster than expected in the third quarter, delayed report shows

  23-12-2025 17:43 via foxbusiness.com
  
  The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July, August and September.That figure topped the expectations of economists polled by LSEG, who had estimated 3.3% GDP growth in the third quarter. The report also
  
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