Musk fires Twitter CEO - US economy grows - Germany plans weed legalization

U.S. gross domestic product grew 2.6% over the three months ending in September. By contrast, economic activity shrank a combined 2.2% over the first six months of the year. The economic growth defies Federal Reserve efforts to slow economic activity and slash consumer demand in its fight against inflation. Many economists believe the U.S. has averted a recession so far this year.
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U.S. hiring remains robust. The unemployment rate fell slightly from 3.7% to 3.5% in September. But hiring has fallen from a breakneck pace sustained earlier in the year, suggesting that the Fed's rate hikes may have begun to cool off the labor market.
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Still, the positive overall indicator may veil signs of a cooling economy. The economic growth stemmed in part from a reduced trade deficit, signaling that the U.S. narrowed the gap between imported and exported goods, compared to the previous quarter. But that development also suggests that U.S. demand for imported goods has weakened.