Rafael Nam

Rafael Nam in PR News.

It was a year defined to a large extent by tariffs.

Markets tumbled earlier this year amid fears about the potential impact of tariffs.

But stock markets since have recovered.

All three major indexes are heading to the end of the year with double-digit gains, with the Nasdaq up 22% so far in 2025.

The economy appears to have been able to withstand the effects of these import taxes.

And now that the Federal Reserve is cutting interest rates, investors are ending the year with a bit of hope about next year.

In fact, this week, the Fed is set to release the minutes from the latest policy meeting.

Rafael Nam, NPR News.

They massively attacked Ukraine.

The economy grew at a robust annual rate of 4.3% in July, August, and September, thanks to strong consumer demand.

That was according to a delayed report by the Commerce Department.

The delay means that the data is actually quite old.

But at least it showed the economy was a lot better than many economists had predicted.

Stocks rose as a result, with all three indexes posting gains of over 1% for the week.

There are still areas of concern.

A slowing labor market is at the top of the list.

But for now, investors were relieved.

The economy grew at a robust annual rate of 4.3 percent in July, August, and September, thanks to strong consumer demand.

That was according to a delayed report by the Commerce Department.