Economic growth

President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
AP News
February 10, 2020 - 9:57 am
WASHINGTON (AP) — President Donald Trump unveiled a $4.8 trillion election year budget plan on Monday that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while leaving Social Security and Medicare benefits...
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FILE - In this Oct. 1, 2019, file photo, Gory Rodriguez, of Starbucks, right, interviews a job applicant during a job fair at Dolphin Mall in Miami. The January U.S. jobs report on Friday, Feb. 7, 2020, may provide timely evidence of the U.S. economy's enduring health. (AP Photo/Lynne Sladky, File)
AP News
February 07, 2020 - 1:59 pm
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The strong job growth gives President Donald Trump more evidence...
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February 07, 2020 - 12:56 am
BERLIN (AP) — German industrial production dropped sharply in December and exports barely edged higher, official data showed Friday, rounding off a poor year for manufacturing in Europe's biggest economy. Production was down 3.5% compared with the previous month, the Economy Ministry said. It added...
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FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. U.S. productivity rebounded in the final three months of 2019, helping to boost productivity growth for the year to the best showing in nearly a decade. The Commerce Department said Thursday, Feb. 6, 2020 that productivity grew at an annual rate of 1.4% in the October-December quarter, a significant improvement from a 0.2% drop in productivity in the third quarter. (AP Photo/Keith Srakocic, File)
February 06, 2020 - 6:06 am
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year, helping to boost productivity growth for the year to the best showing in nearly a decade. The Commerce Department said Thursday that productivity grew at an annual rate of 1.4% in the October-December quarter,...
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February 04, 2020 - 10:33 pm
CANBERRA, Australia (AP) — Australia's deadly wildfires will have no impact on the nation's economic growth this year but the impact of a new virus is still unknown, the head of the Australian central bank said on Wednesday. The wildfires have killed 33 people and destroyed more than 3,000 homes in...
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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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