US GDP Grows 3.4% in Q3 2026, Beating 3.2% Forecast on Consumer Spending
US GDP grew 3.4% annualized in Q3 2026, beating the 3.2% forecast, on strong consumer spending and AI investment, the Commerce Department said October 29.
consumer spending
UK Average Five-Year Fixed Mortgage Rate Hits 6%, Highest Since 2023
Average UK five-year fixed mortgage rate hit 6% on Oct 5, 2026, per Moneyfacts. Two-year fixes averaged 5.98%. Sub-5% deals plunged 99% since September.
US Personal Income Rose $66.6 Billion in August, BEA Says
US personal income rose $66.6 billion (0.2%) in August 2026 and PCE rose 0.9%, the BEA said September 30. The PCE price index was up 3.4% from a year earlier.