Economic growth

March 19, 2019 - 5:32 am
BERLIN (AP) — The German government's panel of economic advisers nearly halved its German growth forecast for this year to 0.8 percent — the latest in a long list of downgrades for Europe's biggest economy. In a regular update Tuesday, the panel cut its 2019 forecast from the previous 1.5 percent...
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March 11, 2019 - 1:02 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 12:12 pm
U.S. stocks marched broadly lower Friday afternoon following a surprisingly weak jobs report and more signs that the global economy is hitting the brakes. The S&P 500 was on track for its fifth straight decline, which would be the benchmark index's longest losing streak in nearly four months...
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In this July 31, 2018, photo, people come and go at a crosswalk in Tokyo. Japan’s economy grew at an annual pace of 1.9 percent in October-December, according to revised data from the Cabinet Office that showed stronger investment than earlier reported. The seasonally adjusted figure released Friday, March 8, 2019 was an improvement over an earlier estimate for 1.4 percent growth in the final quarter of 2018. (AP Photo/Koji Sasahara)
March 07, 2019 - 11:35 pm
TOKYO (AP) — Japan's economy grew at an annual pace of 1.9 percent in October-December, according to revised data from the Cabinet Office that showed stronger investment than earlier reported. The seasonally adjusted figure released Friday was an improvement over an earlier estimate for 1.4 percent...
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Dark clouds hang over the city with its bank buildings in Frankfurt, Germany, on a windy Thursday morning, March 7, 2019. (AP Photo/Michael Probst)
March 07, 2019 - 6:14 am
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action Thursday to support a weakening economy, pushing back the earliest date of interest rate increases and announcing a new round of cheap loans to banks. The bank said Thursday after its regular policy meeting that it...
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FILE- In this Jan. 3, 2019, file photo customers enter a McDonald's restaurant near an employment sign visible in Atlantic Highlands, N.J. On Wednesday, March 6, payroll processor ADP reports how many jobs private employers added in February. (AP Photo/Julio Cortez, File)
March 06, 2019 - 6:21 am
WASHINGTON (AP) — U.S. businesses added a solid 183,000 jobs in February, a private survey found, a sign that companies are continuing to hire even as economic growth is likely slowing. Payroll processor ADP said Wednesday that last month's job gains were down from the 300,000 added in January, a...
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Journalists film Chinese Premier Li Keqiang delivering the work reports at the opening session of the China's National People's Congress at the Great Hall of the People in Beijing, Tuesday, March 5, 2019. (AP Photo/Andy Wong)
March 05, 2019 - 3:18 am
BEIJING (AP) — China announced a robust annual economic growth target and a 7.5 percent rise in military spending Tuesday as it convened an annual legislative session overshadowed by a tariff war with Washington. Seeking to defuse U.S. and European complaints the Chinese system is rigged against...
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FILE- In this Feb. 5, 2019, file photo trader Michael Urkonis works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 28. (AP Photo/Richard Drew, File)
February 28, 2019 - 1:57 pm
Stocks finished modestly lower Thursday, closing out another listless day of trading on Wall Street with a third straight loss for the market. Technology, energy and consumer products companies pulled down the market, offsetting gains in consumer goods, utilities and real estate stocks. Investors...
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FILE - In this Jan. 18, 2017 file photo, construction personnel work on a building project just south of Chicago's Loop. The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a toll on growth. Economists believe growth has slowed even more in the current quarter. (AP Photo/Charles Rex Arbogast)
February 28, 2019 - 1:51 pm
WASHINGTON (AP) — The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year's end, and most economists envision a weaker outlook for the coming months and probably years. The nation's gross domestic product, the...
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FILE - In this Oct. 22, 2018, file photo, Kwon Yong Chol, left, the chief engineer at the Songdowon General Foodstuffs Factory, shows samples of products at his facility in Wonsan, North Korea. With U.S. President Donald Trump and North Korean leader Kim Jong Un descending on Hanoi for their second summit, there has been a persistent suggestion that Kim will look around at the relative prosperity of his Vietnamese hosts - who are certainly no strangers to U.S. hostility - and think that he, too, should open up his country to more foreign investment and trade. (AP Photo/Dita Alangkara, File)
February 26, 2019 - 8:40 pm
HANOI, Vietnam (AP) — President Donald Trump's message to North Korean leader Kim Jong Un has been simple and clear: give up your nuclear weapons and a flood of wealth will soon be yours for the taking. But here's a nagging question: Is that really what Kim wants? With Trump and Kim descending on...
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