12 Years Since GDP Grew 3% in 3 Straight Quarters

With the Bureau of Economic Analysis announcing today that, according to its second estimate, real Gross Domestic Product grew at an annual rate of 3.3 percent in the third quarter–following a second quarter rate of 3.1 percent–the United States took a step toward doing something it has not done in more than 12 years: seeing the economy grow at an annual rate of 3.0 percent or better in three straight quarters.

U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%

The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

Senate votes to advance $1.4 trillion tax cut bill

The Senate voted Wednesday to open debate on a $1.4 trillion tax bill after Republican leaders worked out preliminary deals to the smooth over the concerns of several Republican lawmakers.

Robots May Take Over Nearly 375 Million Jobs By 2030

A significant number of jobs could be completed by robots as early as 2030, according to a new report published Tuesday by the McKinsey Global Institute. The transition into a heavily automated workplace wouldn’t arrive right away, but it may affect up to 375 million workers globally.

Poll: Opposition Yesh Atid party in dead heat with Netanyahu’s Likud

If elections were held today, the ruling Likud would be in a dead head with the opposition Yesh Atid (There is a Future) party. Each of the top two parties would receive 24 seats in the 120-seat Knesset. The center-left Zionist Union would win 17 seats, while the ultra-Orthodox Sephardic party Shas would barely makes it over the threshold at four seats.

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