U.S. economy grew by 2.3% in Q4 (second estimate), matching expectations. Initial jobless claims rose to 242K, higher than the expected 221K, while continuing jobless claims stood at 1.862 million, slightly below the forecast of 1.87 million.
U.S. economy grew by 2.3% in Q4 (annualized), matching estimates and the previous reading. Personal consumption rose 4.2% (vs. 4.1% expected). The GDP price index increased to 2.4% (vs. 2.2% est.), while the Core PCE price index rose to 2.7% (vs. 2.5% est.).
Yields on U.S. Treasury notes rose after the GDP revision and jobless claims data. The 10-year yield increased by 3.6 basis points to 4.285%, while the 2-year yield climbed 1.8 basis points to 4.09%.
Developing story, stay tuned for the updates.
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I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.
I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.
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Last reviewed by Abhishek Sharma on August 26, 2026
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