LGBTQ news and entertainment
The Commerce Department reported today that gross domestic product (GDP) grew at a 1.4% annual rate in the last quarter of 2025, well below the Dow Jones estimate for a 2.5% gain. Continue reading “U.S. GDP Growth Rose Just 1.4% In Q4, Way Below 2.5% Estimates”
Some news stories for you on this Christmas eve:
• Netflix: Check out the newly-released trailer for the highly anticipated Season 2 of The Boyfriend, Japan’s first gay romance reality series.
Across two months, ten men will live together as they share everyday moments, build connections, and navigate the unfolding stories that emerge from communal living. Premieres January 13. Continue reading “Trailer: Season 2 Of ‘The Boyfriend’ + Grindr Robbers Sentenced To Prison + More”
The new report by the Bureau of Economic Analysis shows the U.S. economy contracted in the first three months of 2025 by an annualized rate of 0.3 percent fueling recession fears. Continue reading “U.S. Economy Shrunk In 1st Quarter Due To Tariffs”
With just days before Election Day, the U.S. just got its latest economic report and the news is good, even if you don’t feel it. The Bureau of Economic Analysis reports the U.S. economy grew at a healthy annualized rate of 2.8% in the third quarter of 2024 powered by strong consumer spending for a range of goods and services, including cars, dining out and travel. Continue reading “Report: U.S. Economy Grew At 2.8% Pace In Third Quarter”
Good news this morning – U.S. economic growth accelerated this past spring at a 2.8% annual rate outpacing forecasts as inflation continued to cool. Continue reading “U.S. Economy Grew At 2.8% In Second Quarter Outpacing Forecasts”
According to the Commerce Department, gross domestic product surged at a 4.9% annual rate over the summer as the job market continued strong, and falling inflation gave Americans confidence to spend on goods and services. This news comes on the heels of solid 2%-plus readings in the first two quarters of the year. Not quite the doom and gloom you keep hearing about from some folks. Continue reading “Report: GDP Surged At 4.9% In Third Quarter”
The U.S. economy remains on track as today’s GDP (Gross Domestic Product) report from the Commerce Department offers stronger than expected news as inflation continues to cool. Continue reading “U.S. Economy Grew 2.4% In 2nd Quarter As Inflation Falls”
Some good economic news this morning: the U.S. economy grew at an annual rate of 2.6 percent in the third quarter. This is the first increase in 2022 after six months of contraction. Continue reading “U.S. Economy Expanded 2.6% In 3rd Quarter”
The Commerce Department reported Thursday that the U.S. economy grew at an annualized rate of 6.4% last quarter. Thanks to business investment and consumer spending, the economy has now surpassed pre-pandemic levels. Continue reading “U.S. Economy/GDP Returns To Pre-Pandemic Levels”
Donald Trump (image via Flickr/White House)
The US economy contracted at a 32.9% annual rate from April through June, its worst drop on record, the Bureau of Economic Analysis said Thursday.
Business ground to a halt during the pandemic lockdown in the spring of this year and America plunged into its first recession in 11 years, putting an end to the longest economic expansion in US history and wiping out five years of economic gains in just a few months.
A recession is commonly defined as two consecutive quarters of declining gross domestic product — the broadest measure of the economy. Between January and March, GDP declined by an annualized rate of 5%.
Additionally, the number of Americans filing first-time unemployment claims rose for the second week in a row. Some 1.4 million people filed for initial jobless claims last week, up 12,000 from the prior week’s revised level, which was the first increase in 16 weeks, according to the Department of Labor. 
At this writing, 152,074 Americans have died from COVID-19. The U.S. has more than 50% more fatalities from the virus than Brazil which ranks second in the world with 91,263 deaths.