Economic growth

Trader Fred DeMarco works in a booth on the floor of the New York Stock Exchange, Wednesday, Jan. 2, 2019. Stock markets started the new year with a tumble, as disappointing Chinese economic data on Wednesday renewed concerns that a global trade war is weighing on growth. (AP Photo/Richard Drew)
January 02, 2019 - 10:19 am
NEW YORK (AP) — The roller coaster ride on Wall Street resumed on Wednesday, the first trading day of the new year, as stocks plunged in the morning and then climbed their way back by midday. The Dow Jones Industrial Average dropped as much as 398 points in the first few minutes of trading after...
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FILE - In this Friday, Feb. 24, 2017, file photo, factory workers assemble the cases of air conditioners on an assembly line at a factory in Jiaozhou, eastern China's Shandong Province. An official survey shows China’s manufacturing activity contracted in December, boosting pressure on Beijing to reverse an economic downturn amid trade tension with Washington. (AP Photo/Mark Schiefelbein, File)
December 31, 2018 - 8:33 am
BEIJING (AP) — China's factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters trade talks with the Trump administration. The purchasing managers' index of the...
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FILE - In this Wednesday, Dec. 5, 2018 file photo, people walk past a holiday window at Saks Fifth Avenue, in New York. U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. The Conference Board, a business research group, says its consumer confidence index fell to 128.1 in December, down from 136.4 in November and lowest since July. (AP Photo/Mark Lennihan, File)
December 27, 2018 - 7:41 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. But consumer spirits are still high by historic standards. The Conference Board, a business research group, said Thursday that its consumer confidence index fell...
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FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 2:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
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FILE- In this Dec. 22, 2017, file photo, people shop at the Pentagon City Mall in Arlington, Va. Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday, Dec. 21, 2018.(AP Photo/Susan Walsh, File)
December 21, 2018 - 9:58 am
WASHINGTON (AP) — Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Consumer spending...
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Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 7:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 12:28 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:17 p.m. The stock market gave up an early gain and was broadly lower in afternoon trading after the Federal Reserve raised interest rates and said it would continue to raise rates next year. The...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, and European Commissioner for Euro and Social Dialogue Valdis Dombrovkis participate in a media conference at EU headquarters in Brussels, Wednesday, Dec. 19, 2018. The European Commission says it has reached an agreement with Italy to avert action over the country's budget plans, which the EU's executive arm had warned could break euro currency rules. (AP Photo/Virginia Mayo)
December 19, 2018 - 6:04 am
BRUSSELS (AP) — The European Commission said Wednesday it has reached an agreement with Italy on its budget plans, which the EU's executive arm had warned could break the euro's rules and lead to legal action. European Commission Vice President Valdis Dombrovskis said the "agreement is not ideal"...
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Sun rays fall through the clouds over the banking district as a runner passes by in Frankfurt, Germany, Tuesday, Dec. 11, 2018. (AP Photo/Michael Probst)
December 18, 2018 - 9:47 am
BERLIN (AP) — Worries are growing about the strength of the German economy, Europe's largest, after a key indicator suggested fears about trade wars and Brexit are hitting business activity and after the country's main stocks index slid into a bear market. The Ifo Institute said Tuesday its...
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FILE- In this Nov. 29, 2018, file photo trader Timothy Nick works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 14. (AP Photo/Richard Drew, File)
December 14, 2018 - 2:22 pm
NEW YORK (AP) — Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain's impending departure from the European Union also darkened traders' moods. Major U.S. indexes fell...
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