Economic growth

November 11, 2019 - 1:49 am
LONDON (AP) — Official figures show that the British economy avoided falling into recession in the third quarter of the year. The Office for National Statistics said Monday that the economy grew by a quarterly rate of 0.3%. That was in line with market expectations. Following the 0.2% contraction...
Read More
In this photo taken Sunday, Nov. 10, 2019, shoppers react as they take part in a promotion ahead of Nov. 11 Singles day in Beijing. Chinese online shoppers hunt bargains on Singles Day, a holiday invented in the 1990s that has become the world's busiest day for online commerce. (AP Photo/Ng Han Guan)
November 11, 2019 - 1:15 am
BEIJING (AP) — Chinese e-commerce giants Alibaba and JD.com reported a total of more than $55 billion in sales Monday midway through Singles Day, an annual marketing event that is the world's busiest online shopping day. The day was temporary relief to retailers facing fading demand as Chinese...
Read More
A pro-Brexit supporter demonstrates with anti-Brexit protesters behind him outside the Houses of Parliament on the final day of the lawmakers sitting before the start of the general election campaign in London, Tuesday, Nov. 5, 2019. Britain goes to the polls on Dec. 12. (AP Photo/Alastair Grant)
November 07, 2019 - 4:44 am
LONDON (AP) — The Bank of England warned Thursday that the British economy will grow by less than it had predicted just three months ago as it kept its main interest rate on hold at 0.75%. The central bank appears to be waiting for more clarity over Britain's departure from the European Union,...
Read More
A currency trader holds a phone at the foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2019. Asian stocks are mostly lower after a meandering day of trading left U.S. stock indexes close to their record highs. (AP Photo/Lee Jin-man)
November 07, 2019 - 1:38 am
BANGKOK (AP) — Global stocks are mostly higher after a Chinese Commerce Ministry official said Beijing and Washington had agreed to gradually ease tariffs on each other's exports as they reach agreement in trade negotiations. China and the U.S. are working on a "Phase 1" trade agreement as they...
Read More
In this Monday, Nov. 4, 2019, photo with Mount Rainier in the background, cranes and a cargo container ship are shown at the Port of Tacoma in Tacoma, Wash. On Wednesday, Nov. 6, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Ted S. Warren)
November 06, 2019 - 5:55 am
WASHINGTON (AP) — American workers were less efficient in the July-September quarter, pushing down productivity for the first time since late 2015. The Labor Department said Wednesday that productivity, a measure of economic output for each hour worked, fell 0.3% in the third quarter. The drop...
Read More
German Chancellor Angela Merkel arrives for the weekly cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, Nov. 6, 2019. (AP Photo/Markus Schreiber)
November 06, 2019 - 2:33 am
BERLIN (AP) — The German government's independent panel of economic advisers on Wednesday cut its 2020 growth forecast for Europe's biggest economy to below 1%, but said it sees no sign of a "broad, deep recession." In a report handed to Chancellor Angela Merkel, the five-member panel forecast...
Read More
FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 2:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
Read More
Police officers run to get assistance after being hit with a gasoline bomb thrown by protesters during an anti-government protest in Santiago, Chile, Monday, Nov. 4, 2019. Chile has been facing weeks of unrest, triggered by a relatively minor increase in subway fares. The protests have shaken a nation noted for economic stability over the past decades, which has seen steadily declining poverty despite persistent high rates of inequality. (AP Photo/Esteban Felix)
November 04, 2019 - 4:52 pm
SANTIAGO, Chile (AP) — Thousands of Chileans took to the streets again Monday to demand better social services, some clashing with police, as protesters demanded an end to economic inequality even as the government announced that weeks of demonstrations are hurting the country's economic growth...
Read More
FILE - In this Oct. 1, 2019, file photo Billy Ramos, right, fills out a job application with Adidas during a job fair at Dolphin Mall in Miami. On Friday, Nov. 1, the U.S. government issues the October jobs report. (AP Photo/Lynne Sladky)
November 01, 2019 - 7:27 am
WASHINGTON (AP) — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused tens of thousands of workers to be temporarily counted as unemployed. The unemployment rate ticked up from 3.5% to 3.6%, still near a five-...
Read More
A man checks clothing price tags at a fashion retailer store having a promotion sale at a shopping mall in Shenzhen, China's Guangdong province, Friday, Nov. 1, 2019. Chinese leaders are counting on consumers to power the economy, replacing trade and investment as Beijing fights a tariff war with Washington. But shoppers are jittery about possible job losses and are tightening their belts, hurting sales of cars, real estate and other big-ticket items. (AP Photo/Andy Wong)
November 01, 2019 - 4:31 am
BEIJING (AP) — With home sales crashing, real estate agent Zhang Yonggang is tightening his belt, part of a plunge in Chinese consumer demand that is a bigger threat to economic growth than Beijing's tariff war with Washington. Zhang, who works in the central city of Taiyuan, said his office sold...
Read More

Pages