Economic growth

July 04, 2019 - 3:56 am
NEW DELHI (AP) — India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. Finance Minister Nirmala Sitharaman presents the economic report in Parliament on Thursday, a day before unveiling the annual federal budget. India's...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
July 03, 2019 - 7:14 am
LONDON (AP) — The British economy appears to be showing signs of falling into recession as uncertainty over Brexit combines with a less benign global backdrop. A closely watched survey of business activity in the U.K. showed Wednesday that the economy contracted in June at its steepest rate since...
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Trader Jonathan Muller works in his booth on the floor of the New York Stock Exchange, Monday, July 1, 2019. Stocks are rallying early Monday after the U.S. and China agreed to resume trade talks. (AP Photo/Richard Drew)
July 01, 2019 - 5:15 pm
Wall Street kicked off July with a record high for S&P 500 index after a cease-fire in the U.S. trade war with China put investors in a buying mood. The milestone marks the second time in less than two weeks that the benchmark index closed at a record high. The S&P 500 is now up 18.3% for...
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Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Monday, July 1, 2019. (AP Photo/Ronald Zak)
July 01, 2019 - 10:15 am
VIENNA (AP) — OPEC looked set to extend its current deal to cut production for nine months as the oil cartel faces a weakening outlook for demand because of waning global growth. Member country representatives were meeting Monday at the Organization of the Petroleum Exporting Countries'...
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FILE - In this June 18, 2019, photo trader Peter Tuchman, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 28. (AP Photo/Richard Drew, File)
June 28, 2019 - 5:16 pm
Wall Street ended a wobbly week with broad gains Friday, closing the books on June with its biggest monthly gain since January. June marked a sharp about-face from May, when traders fled to safer holdings because of increased anxiety over the trade war between the U.S. and China, and signs of...
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President Donald Trump, fifth from left, joins other leaders for a group photo at the G-20 summit in Osaka, Japan, Friday, June 28, 2019. (AP Photo/Susan Walsh)
June 28, 2019 - 9:45 am
OSAKA, Japan (AP) — World leaders attending a Group of 20 summit in Japan that began Friday are clashing over values that have served for decades as the foundation of their cooperation as they face calls to fend off threats to economic growth. "A free and open economy is the basis for peace and...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Thursday, June 27, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Marcio Jose Sanchez, File)
June 27, 2019 - 12:32 pm
WASHINGTON (AP) — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the...
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FILE - In this June 20, 2019, file photo trader Joseph Lawler works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, June 26. (AP Photo/Richard Drew, File)
June 26, 2019 - 5:09 pm
Stocks closed slightly lower on Wall Street Wednesday after an early rally fueled by optimism over the next round of trade talks between the U.S. and China lost momentum toward the end of the day. The wobbly finish extended the S&P 500 index's losing streak to a fourth straight day, though the...
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FILE - In this July 27, 2017, shows a Federal Express employee makes a delivery at an AT&T store in Hialeah, Fla. FedEx Corp. reports financial earnings on Tuesday, June 25, 2019. (AP Photo/Alan Diaz, File)
June 25, 2019 - 8:10 pm
DALLAS (AP) — FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon. The delivery company reported a quarterly loss...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 5:01 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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