Economic growth

FILE - In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)
January 30, 2020 - 10:34 am
Stocks moved lower on Wall Street in afternoon trading Thursday as a surge in the number of confirmed cases and fatalities from a virus in China stoked fears that the outbreak could slow global economic growth. World health officials expressed “great concern” that the new type of coronavirus is...
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January 30, 2020 - 9:05 am
MEXICO CITY (AP) — Mexico's economy entered a recession in 2019, according to preliminary fourth quarter data released by the country's statistics institute. While Mexico had forecast that its economy would grow 2% during the first year of President Andrés Manuel López Obrador's administration, it...
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Peter Altmaier (CDU), Federal Minister of Economics and Energy, talks to journalists after a press conference on the agreement between the federal government and the coal-producing states on the coal phase-out in Berlin, Germany, Thursday, Jan.16, 2020. (Bernd von Jutrczenka/dpa via AP)
January 29, 2020 - 5:54 am
BERLIN (AP) — The German government on Wednesday modestly raised its economic growth forecast for the country this year to 1.1%. Germany's economy, Europe's biggest, has grown for 10 consecutive years but last year's 0.6% growth was the weakest since 2013. In October, the government predicted...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 29, 2020. Shares are mostly higher in Asia after a rebound on Wall Street that reversed most losses from a sell-off the day before. (AP Photo/Ahn Young-joon)
January 29, 2020 - 1:57 am
Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays, while other Chinese markets remained closed...
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The Capitol is seen as defense arguments by the Republicans resume in the impeachment trial of President Donald Trump on charges of abuse of power and obstruction of Congress, in Washington, Monday, Jan. 27, 2020. (AP Photo/J. Scott Applewhite)
January 28, 2020 - 11:12 am
WASHINGTON (AP) — An annual congressional report says the U.S. budget deficit is likely to burst through the symbolic $1 trillion barrier this year despite a healthy economy. The Congressional Budget Office report follows a burst of new spending last year and the repeal in December of several taxes...
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U.S. President Donald Trump leaves the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 22, 2020. Trump's two-day stay in Davos is a test of his ability to balance anger over being impeached with a desire to project leadership on the world stage. (AP Photo/Markus Schreiber)
January 22, 2020 - 2:05 pm
WASHINGTON (AP) — President Donald Trump appeared to suggest in a television interview Wednesday that he’s willing to consider entitlement cuts in the future, a move that would mark a tectonic shift from his stance during his 2016 run for the White House. Trump suggested he was open to a cut in...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)
January 22, 2020 - 2:05 am
BANGKOK (AP) — World share prices rebounded Wednesday as confidence rose in China's handling of an outbreak of a new virus that has infected 440 people, with nine confirmed deaths. Britain's FTSE 100 gained 0.2% to 7,622.61, while the CAC 40 in Paris was flat at 6,047.81. In Germany, the DAX picked...
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Indian workers repair an advertising hoarding in Hyderabad, India, Tuesday, Jan. 21, 2020. The IMF on Monday lowered India’s economic growth estimate for the current fiscal to 4.8% and listed the country’s Gross Domestic Product (GDP) numbers as the single biggest drag on its global growth forecast for two years. (AP Photo/Mahesh Kumar A.)
January 21, 2020 - 2:28 am
NEW DELHI (AP) — A decision by the International Monetary Fund to downgrade its economic growth forecast for India is adding to pressure on Indian Prime Minister Narendra Modi over his policies. Opposition leaders and economists on Tuesday blasted the government for failing to deliver on promises...
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An employee works in a chemical fiber plant in Nantong in eastern China's Jiangsu Province, Friday, Jan. 17, 2020. China's economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. (Chinatopix via AP)
January 20, 2020 - 5:24 am
WASHINGTON (AP) — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That's the view of the International Monetary Fund, which foresees world economic growth accelerating from 2.9% last year to 3.3% in...
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FILE - In this May 14, 2019 file photo, a Cosco Shipping container ship passes the Golden Gate Bridge in San Francisco bound for the Port of Oakland. For major shipping companies dealing with trade wars and a slowing global growth, conditions appear to have deteriorated as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday, Jan. 17, 2020 that it expects fourth quarter operating income to fall between $177 million and $183 million. (AP Photo/Eric Risberg, File)
January 17, 2020 - 10:19 am
For major shipping companies dealing with trade wars and slowing global growth, conditions appear to have deteriorated for some as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday that it expects fourth quarter operating income to fall between $177...
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