Economy grows 2.8 percent in third quarter
The Commerce Department reports U.S. GDP rose 2.8 percent from July through September driven by strong consumer spending and exports, with the underlying growth measure at 3.2 percent. Inflation cooled as the PCE index rose 1.5 percent, while unemployment stands at 4.1 percent.
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Holiday travel surges as millions hit roads and skies
Holiday travel spikes with 2.9 million TSA screenings on Wednesday and over 3 million Sunday. Despite some cancellations, more than 2,000 flights were late daily, as car traffic faces a peak midweek with accidents on I-95 in Delaware. Arctic Midwest chill and Eastern wet weather threaten several days of travel.
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Tech losses pull down stock market
Technology stocks dragged Wall Street lower on Wednesday ending a seven day winning run for the S&P 500. Nvidia Microsoft and Broadcom led the declines while Nvidia fell 1.2 percent and Microsoft and Broadcom dropped over 1 percent.
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