U.S. Economy Grew Unexpectedly in the Third Quarter
WSJ Minute Briefing
The Wall Street Journal
4.1 • 672 Ratings
🗓️ 23 December 2025
⏱️ 2 minutes
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| 0:00.0 | As companies seek to close growing gaps in skills and talent, |
| 0:04.0 | Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills. |
| 0:10.0 | There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain? |
| 0:25.4 | By performing a skills inventory, leaders can truly understand where their efforts should be focused. |
| 0:28.0 | Being blind to those gaps is the real miss. |
| 0:32.6 | Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent. |
| 0:41.7 | Here's your midday brief for Tuesday, December 23rd. I'm Alex Oslo for the Wall Street Journal. |
| 0:48.1 | The U.S. economy grew at an unexpectedly robust pace in the third quarter. In a report that was delayed by the government shutdown and came out today, the Commerce Department said gross domestic |
| 0:52.4 | product for the July through September quarter rose at a 4.3% annual rate. It was the highest growth rate in two years and beat |
| 1:00.4 | economists forecasts. Consumer spending on services like health care and recreational vehicles |
| 1:05.5 | help drive the growth. A Baltimore jury has ordered Johnson & Johnson to pay more than |
| 1:10.8 | $1.5 billion to a woman who says the company's talc-based baby powder caused her cancer. Lawyers for the Maryland woman say this verdict is the largest ever returned against Johnson and Johnson for a single plaintiff. Johnson & Johnson says it will appeal the decision, calling the award unconstitutional and maintaining that its products are safe. |
| 1:29.9 | Thousands of lawsuits have been filed against the company over Talc Baby Powder and courts have rejected its attempts to settle cases through bankruptcy. |
| 1:37.8 | And rising car prices in the U.S. mean bigger monthly car payments. |
| 1:42.0 | In November, they came to an average of $760 a month for a new car. |
| 1:46.5 | That's according to J.D. Power. So consumers are turning to longer term loans. Industry officials |
| 1:52.2 | say the typical 48 to 60 month car loan term has become a 72 month term and longer. Some loans now |
| 1:59.2 | reach 100 months, or more than eight years. While these |
| 2:02.7 | longer loans can lower a monthly bill, they significantly increase total interest costs. |
| 2:08.4 | Heads up, an artificial intelligence tool helped us make this episode by creating summaries |
| 2:12.7 | that were based on WSJ reporting and then reviewed and adapted by an editor. |
| 2:20.9 | We'll have more coverage of the day's news on the WSJ's What's News podcast. |
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